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Steel & Metal
- Germany -

EU HRC Market Remains Largely Stable as Buyers Avoid Bookings

The European hot-rolled coil (HRC) market has remained largely stable recently, with buyers showing reluctance to make new bookings. Market participants have noted that the current stability is due to a combination of factors, including sufficient stock levels and cautious purchasing behavior.

Despite the stable market conditions, there is an underlying uncertainty among buyers, leading them to avoid committing to large volumes. This cautious approach is influenced by concerns over potential price fluctuations and the overall economic outlook.

As a result, the market has seen limited activity, with buyers opting to wait for clearer signals before making significant purchasing decisions. This trend is expected to continue in the near term, keeping the market in a state of equilibrium.

Iranian Billet Prices Settle at Around $420

Mexico Factory Activity Weakens in January

Malaysia Probes Steel Dumping Allegations from China, South Korea, Vietnam

Masteel Expects Increased Net Loss for 2024

Ferrexpo Faces $3.8 Billion Lawsuit in Ukraine

Severstal Sustains Investments in Cherepovets Despite Industry Challenges

NW European Plate Market Remains Inert

Global Crude Steel Production Sees Mixed Results in 2025

Steel HRC Prices Inch Upward Across Europe

Blastr Green Steel Secures Partner Finance Round for Finnish Low-Carbon Steel Plant

Slovakia Reduced Steel Production by 11.7% Year-on-Year in 2024

Turkey Increased Steel Exports by 27.6% Year-on-Year in 2024

Finland Reduced Steel Production by 3.8% Year-on-Year in 2024

Danieli QSP-DUE Plant Achieves New Milestone with 145-mm-Thick Slab Cast