hot-rolled prices - Latest news GMK Center

The increase amounted to $14/t and was the first since September

For the week of December 8-14, offers rose by $10/t, reaching their highest level since early May

The offer for the current week is $920 per short ton

Negative dynamics are observed only in China

The new offer for the current week is $915 per short ton

The company's offers for the week of November 17-23 increased by $15/t

US steel producers seek to stabilize the market and stimulate restocking in November

The company's third-quarter profit exceeded expectations, in particular due to higher product prices

The EU is supporting prices through trade protection, while China is facing a decline in demand and export pressure

The price for December deliveries has been set at €630/t

The company has stabilized its offer amid weak domestic demand for steel

A recovery in the European market is expected closer to October-November