steel prices

Thus, the company plans to shift the growth of production costs to the end user

The increase in energy prices significantly affected the cost of production

In this way, enterprises stimulate the purchase of hot-rolled coils

The managing director of the company believes that now the quotes have become close to the lows

The Italian reroller expects a rapid increase in steel prices by 8-10%

The company has reduced prices for its flat products with delivery in August

Analysts suggest negative market bottom may have already been reached

Many buyers at the beginning of the war in Ukraine built up significant stocks at high prices

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

Steel production in Germany fell by 4.8% in five months

The event will take place from August 22 to 24

As of June 24, the HRS index from Argus was €784.5/t compared to €1350/t in mid-March