European hot-rolled coil (HRC) prices remained largely stable on January 30, 2025, despite a combination of seasonal restocking, limited import interest, and ongoing uncertainty surrounding safeguard measures supporting the domestic market. Market participants noted a continued low level of interest in imports, with many buyers opting for domestic products despite concerns over price hikes.

The market is experiencing a cautious approach from buyers, who are waiting to see how safeguard measures will impact future pricing. Despite the stable prices, there is an underlying uncertainty that is causing a wait-and-see attitude among market participants. As the market navigates through this period, stakeholders are keenly observing any potential changes that could influence pricing dynamics in the near term.