hot-rolled products

Revisions related to Tata Steel's plans to close blast furnaces in Port Talbot

The export of steel products for the month decreased by 2.6% y/y

Fixed duty rates vary from €17.6-96.5/t depending on the country and the manufacturing plant

Before the full-scale invasion, these products were produced at the Mariupol Ilyich Iron and Steel Works

Taking into account European trade measures on imported products, local steel sales will increase

The investigation will refer to the hot-rolled steel by numerical positions

This will be facilitated by a limited supply amid capacity reductions by some producers

The market expects trading to resume in early September, along with rising steel prices

The market believes that European producers may try to raise prices

About 40% of the total import quotas for hot-rolled coils have already been used

Market participants report strong demand despite economic concerns

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