European hot-rolled coil (HRC) prices have remained largely stable, with buyers awaiting further clarity on market trends and the impact of recent developments. Mills are reportedly optimistic, pushing for slightly higher prices for second-quarter deliveries. Adjustments to the European Union's steel safeguard measures and the introduction of provisional anti-dumping duties on imports from Egypt, Vietnam, and Japan are expected to influence the market.

However, real demand remains weak, and industry participants are cautious about the potential for significant price increases. Buyers are closely monitoring supply dynamics and the effects of these regulatory changes on domestic and imported HRC prices.