Maria Tanatar

Dec 21, 2023 | spglobal.com | Maria Tanatar

The price of European hot-rolled coil showed signs of recovery towards the end of 2023, but the foundations for a continuation of that trend in 2024 appear to be shaky, according to market sources. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Prices steadily declined between April and the end of October on a combination of weak demand, sufficient stocks at distributors and some pressure from competitive imports.

Aug 8, 2023 | eurometal.net | Maria Tanatar

EU HRC market stable; producers lack unified pricing approach Published: 08 Aug 2023 Domestic prices for hot-rolled coil in Europe have been stable on Aug. 7 because of a seasonal market slowdown. Steelmakers, in the meantime, lacked a unified approach to pricing as some continued to give discounts to sell volumes and others have made unsuccessful attempts to raise offers to Eur680-700/mt delivered, sources said.

Aug 6, 2023 | eurometal.net | Laura Varriale |Maria Tanatar

European HRC market stays quiet while talks of Q4 quota import levels increase Published: 07 Aug 2023 The European hot-rolled coil market remained quiet amid the summer lull while market chatter surrounded increasingly full import quotas which have resulted in material being kept on hold to be cleared at ports, sources said Aug 3.

Aug 2, 2023 | eurometal.net | Maria Tanatar

The number of domestic and overseas offers has been limited as European mills have been largely inactive because of scheduled maintenance or full order books. And safeguard quotas for other countries and South Korean origin have been almost filled, making the cheapest material unattractive for EU buyers because of risks related to safeguard duty. “There are not [many] offers around due to the holiday period in Europe and full quotas and long lead times for import,” an Italian trader said.

Jul 24, 2023 | eurometal.net | Maria Tanatar

Seasonal slowdown keeps EU HRC prices stable, offers limited Published: 25 Jul 2023 Domestic prices for hot-rolled coil in Europe were unchanged on July 24 due to a seasonal slowdown. The number of offers remained limited, as a majority of mills remained inactive in the market due to either full orderbooks or effects from planned maintenances.