Steel Buyers Eye Bargains Amid EU Price Drop

Steel Buyers Eye Bargains Amid EU Price Drop

Via Metal Miner Sources tell MetalMiner that lower seasonal demand has continued to push hot-rolled coil prices down in northern Europe since late June. In terms of steel prices, this means that mills are now quoting €540–550 ($625–640) per metric ton ex-works for August rolling and September delivery, down from €570 ($660) reported on June 23. It is also important to note that cold-rolled coil typically carries a premium of about €100 ($115) pe…

Steel Prices In Europe Slide, But Will They Stay There?

Sources tell MetalMiner that lower seasonal demand has continued to push hot-rolled coil prices down in northern Europe since late June. In terms of steel prices, this means that mills are now quoting €540–550 ($625–640) per metric ton ex-works for August rolling and September delivery, down from €570 ($660) reported on June 23. It is […]