EU HRC producers face pressure from cheap imports

Relative to the EU market, the market price of hot rolled coil (hot rolled coil) is currently under pressure due to low-priced imports.

Although the EU has implemented import quotas to restrict steel imports, most buyers still prefer to place their orders from other countries because of the price advantage.

Currently, more than 80% of the quotas are unused, and it will be difficult to ease the pressure in the short term.