hot-rolled prices - Latest news GMK Center

The move is likely a response to low demand

The automotive industry and the production of household appliances in the EU have problems with sales of their products

The company reported a reduction in HRC prices to $680 per short ton

The decline in prices is a consequence of the slowdown in demand

Producers intend to reduce production

The company also raised offers for some other types of products

The price will be published together with the monthly opening of the order book

Every Monday, the company will inform customers of spot prices for its products, which will be valid until the following week

The minimum prices for products are increased by $60 per short ton

European distributors refrain from new purchases

At the end of 2023, HRC prices in the country peaked at about $1,100/t

The price of HRC on the American market fluctuates in the range of $800-900 per short ton