Prices in the Southern European steel longs market have remained broadly unchanged recently. The stability is attributed to weak demand and high energy costs, which have put pressure on mill margins. While some mills are attempting to increase prices, market resistance and slow demand, particularly from the construction sector, have made it challenging to implement these changes.

Seasonal factors and investor caution have also contributed to the subdued market activity. Despite these challenges, there is some optimism that demand may improve with the arrival of spring.