European cold-rolled coil (CRC) and hot-dipped galvanized (HDG) prices are under pressure due to persistent sluggish demand. Market participants report a significant slowdown in orders, leading to excess inventory for producers. This situation has prompted manufacturers to lower their prices in an attempt to stimulate sales.
The ongoing economic uncertainty and competition from imports further exacerbate the challenges faced by the CRC and HDG sectors, as companies seek to adapt to the changing market landscape.
