Southern European HRC Steel prices slip to €404 per ton

Published: Mar 4, 2015 10:39

Save

Southern European hot rolled cold (HRC) steel prices slipped by €1 per ton week-on-week to €404 per ton in the week ended February 20, as per the latest figures released by The Steel Index.

UNITED KINGDOM March 02 2015 4:33 PM
LONDON (Scrap Register): Southern European hot rolled cold (HRC) steel prices slipped by €1 per ton week-on-week to €404 per ton in the week ended February 20, as per the latest figures released by The Steel Index.

Despite pressure from the lower-priced imports, spot HRC prices in Southern Europe remained fairly stable, with TSI’s benchmark index €1 a ton lower from 1-week ago to finish at €404 a ton.

Problems at Italy’s largest steel producer – Ilva, continued, with a truck drivers’ strike blocking deliveries from the mill, allowing other suppliers to book and fulfil orders instead.

North European producers held offers steady in the €410-420/t range, but some buyers managed to secure discounts in the absence of greater spot market activity, with trades closer to the €405/t mark.

Meanwhile, Feb-Mar and Apr-May North European HRC swaps were cleared on LCH. Clearnet this week, both basis TSI.

Southern European hot rolled cold (HRC) steel prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Apr 17, 2026 18:07

[SMM Stainless Steel Market Flash] Scrap Surge and Geopolitics Raise Cost Pressure on EU Mills

According to market reports, European stainless mills are facing mounting cost pressure from both geopolitics and raw materials. Concerns linked to the US-Iran conflict are adding uncertainty to energy and input costs, while 304 scrap has climbed to €1,400/t delivered across most EU countries this month. The continued rise in costs is becoming a key support factor for higher stainless steel prices in Europe.

Apr 17, 2026 18:07

[SMM Stainless Steel Market Flash] European Mills Lift July CRC Offers to €2,700/t Delivered

According to market reports, European mills are closing June order books and beginning to quote for July delivery. Market indications show CRC deals for May delivery were concluded at around €2,550-2,570/t delivered, while June delivery is being offered and achieved at €2,600-2,630/t delivered. July offers have now reached €2,700/t delivered, pointing to a further upward shift in the European stainless CRC price base.

Apr 17, 2026 18:07

Apr 17, 2026 18:05

[SMM Stainless Steel Market Flash] European Stainless Flats Keep Rising as Sentiment Stays Cautious

According to market reports, European stainless flat steel prices continue to rise sharply, but overall market sentiment remains cautious. Feedback from the Tube & Wire trade show in Düsseldorf suggests that geopolitical uncertainty, subdued downstream activity, and a mixed outlook for end-users are still weighing on confidence. Although demand has improved from the weak levels seen in 2025, real end-user activity remains disappointing.

Apr 17, 2026 18:05