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hot-rolled prices - Latest news GMK Center

Photo – HRC prices in US stabilized at $900/t
HRC prices in US stabilized at $900/t

Market participants report strong demand despite economic concerns

Photo – HRC producers in Europe cannot achieve higher prices
HRC producers in Europe cannot achieve higher prices

The market does not support the increase in prices for hot-rolled coil

Photo – EU steel coil producers cut prices amid contract negotiations
EU steel coil producers cut prices amid contract negotiations

Plants are making concessions because the market rejected the first offers

Photo – Global hot-rolled coil prices are falling amid high competition in the markets
Global hot-rolled coil prices are falling amid high competition in the markets

The European market is under pressure from import proposals, steel producers in China are waiting for further steps from the government

Photo – Prices on the global steel and raw materials market went down
Prices on the global steel and raw materials market went down

Price optimism in the first quarter of 2023 did not find its confirmation in the future

Photo – World prices for hot-rolled coils are falling under the pressure of low demand
World prices for hot-rolled coils are falling under the pressure of low demand

Global rolled steel trade is slowing due to uncertainty in the Chinese market

Photo – The global rolled steel market is under the pressure of weakening demand
The global rolled steel market is under the pressure of weakening demand

The European market is breaking out of the general trend due to limited supply

Photo – Prices for hot-rolled coil in Europe increased by €30-50/t during March
Prices for hot-rolled coil in Europe increased by €30-50/t during March

Rolled steel quotations rose amid demand recovery and positive expectations, but the market condition is ambiguous

Photo – HRC prices in the EU do not meet customer expectations – S&P Global
HRC prices in the EU do not meet customer expectations – S&P Global

Many buyers at the beginning of the war in Ukraine built up significant stocks at high prices

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