European HRC prices slip on weak demand, ample stocks, but mills eye price rebound
European hot-rolled coil prices were slightly weaker on Tuesday May 26, amid persistently weak demand from buyers with sufficient stocks, sources told Fastmarkets. In Northern Europe, buyers estimates of the achievable price came in at €660-690 ($768-803) per tonne for June-July delivery, with the lower end of the range for larger tonnages of more than
European hot-rolled coil prices were slightly weaker on Tuesday May 26, amid persistently weak demand from buyers with sufficient stocks, sources told Fastmarkets. In Northern Europe, buyers estimates of the achievable price came in at €660-690 ($768-803) per tonne for June-July delivery, with the lower end of the range for larger tonnages of more than
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