HRC Market Overview

The global hot-rolled coil (HRC) market continues to face pressure from weak demand, although supply-side constraints and elevated production costs are helping to prevent a sharper decline in prices. Across Europe, Türkiye, and Asia, buyers remain cautious and are largely purchasing only to meet immediate requirements. Weak order intake from manufacturing sectors and ongoing economic uncertainty continue to limit market activity, while mills remain reluctant to reduce prices aggressively due to margin pressures.