The European hot-rolled coil (HRC) market is experiencing a lull as holiday seasons impact activity levels. Demand remains sluggish, leading to a cautious outlook among industry stakeholders.
Producers are facing challenges due to low orders, and many buyers are hesitant to commit to purchases during this period. As a result, prices are stabilizing, but there is uncertainty about future trends.
Market participants are closely monitoring developments, hoping for a rebound in demand as the holidays conclude and economic conditions evolve. However, the current atmosphere suggests a continued wait-an