hot-rolled prices - Latest news GMK Center

Starting February 10, the base price is $790 per short ton

The market is preparing for tighter trade restrictions in the EU and the US

Demand for steel is growing, and import restrictions are forcing buyers to look to the EU for products

Price offers increased by $15 compared to the previous week

Despite a 60% drop in profitability in Q4, the company expects the market to recover in 2025

Steel demand in Europe grows, while imports are restricted by anti-dumping measures

The increase in value was driven by improved market conditions and demand

The company continues to adhere to the December price strategy

Nucor also keeps its price offers for the current week at $750/mt

The market does not accept producers' attempts to raise prices

The base price for hot-rolled sheet reached $750 per short ton

Large European and American companies are trying to raise the prices of offers, but buyers are showing restraint regarding new deals