hot-rolled prices - Latest news GMK Center

The largest increases were observed in the EU market, particularly in Western Europe and Italy

The average spot price for HRC on the U.S. market is $1,020 per ton

The rise in prices for these products in the country is driven by a supply shortage and cost pressures

Compared to the previous week, the price rose by $10 per short ton

Domestic demand for steel in the country remains subdued

Most of the recent announcements of price increases have been moderate

The new announcement marks the eighth consecutive weekly price increase

The announced increase amounts to $29/t

The company cites rising raw material costs

The company announces its seventh consecutive price increase

In the EU, purchasing activity is held back by the availability of stocks built up prior to the full implementation of the CBAM

Offers rose by $10 to $990/t for all companies except California Steel Industries, where the price reached $1040/t