rolled steel prices

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US rolled steel prices will ease after rising in the first quarter

Service centers are currently looking to reduce inventory

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Competition is intensifying in the Italian rolled steel market

Sellers of sheet steel note a reduction in consumption and slow sales

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EU steelmakers plan to raise rolled steel prices in the first quarter of 2023

Local producers are now continuing to discount December deliveries in hopes of securing sales amid weak demand

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EU sheet producers cut prices to secure sales

Low demand for products is forcing producers to cut prices to fill the portfolio of orders

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ArcelorMittal has reduced HRC prices in Europe by €40/t

In early September 2022, the company raised product prices, but the determination quickly weakened due to low demand

ArgusMedia: Euro/dollar parity may help hot-rolled steel prices stabilization

Euro and dollar exchange rates are nearly equal, which could help European flat steel prices reach bottom and stabilize