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

Service centers are currently looking to reduce inventory
Competition is intensifying in the Italian rolled steel market

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

EU sheet producers cut prices to secure sales

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