flat & long steel prices

The reduction in rental supply will encourage consumers to book products for the first quarter

Steelmakers could be able to transfer carbon costs onto end customer

The mood of steelmakers and traders is influenced by the uncertainty of the market

The new offer levels are €40/t higher than the last available quotes

Service centers are currently looking to reduce inventory

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

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

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

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

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