13,892.30 TRY BIST 100 BIST 100
56.12 EUR EUR EUR
48.65 USD USD USD
7.30 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.41 TRY Interest Interest
108.19 USD Fossil Oil Fossil Oil
6.47 USD Copper Copper
101.00 TRY Silver Silver
95.54 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
94.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Trade weakened in European HRC markets

End-user demand for hot-rolled coil steel remains weak across Europe.

Trade weakened in European HRC markets

The daily domestic hot-rolled coil steel index excluding Northern Europe was calculated at €680.00 ($741.76) per tonne on Monday, up €5.90 from €674.10 per tonne on 30 June.

The latest calculation of the Northern Europe index was also up €7.50 per tonne on the week, but down €57.08 per tonne on the month.

Sources said that market conditions in Northern Europe remained largely unchanged, with demand slow and transactions low.

However, some expected prices to remain largely unchanged throughout July, while others forecast limited restocking in the first half of the month.

Producers in Northern Europe have started to offer coils for August-September delivery, sources said.

The daily domestic hot rolled coil sheet index, excluding Italy, was assessed at €650.00 per tonne on Monday, unchanged from 30 June.

However, Italy's index increased by €3.75 per tonne on a weekly basis and decreased by €30.00 per tonne on a monthly basis.

Sources in Italy also expect to see limited restocking in the first half of July.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

WV Stahl: CBAM improvements adopted, but critical gaps remain

Wednesday, September 16, 2026

Daily iron ore analysis | September 16, 2026

Wednesday, September 16, 2026

Independent iron ore producers in Brazil cut production amid rising freight costs

Wednesday, September 16, 2026

EUROMETAL President Julius: Europe must reduce its dependence on foreign suppliers for strategic products

Wednesday, September 16, 2026

Chinese steelmakers launch joint initiative to control production and reduce inventories

Wednesday, September 16, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now