HRC prices decreased in Germany, Spain and Italy this week.
The European flat steel market entered the new week with a decrease. HRC prices decreased in Germany, Spain and Italy. According to this...
HRC price in Italy, which was announced as 670 euros last week, decreased by $20 this week to 650 euros on ex-works basis.
A different industry representative said that the HRC price in Italy was 680 euro. Although company-based changes were seen, the decrease was noticeable.
2-3 mm HRC, which was announced as 600 euro in Italy last week, is being traded at 590 euro this week.
Germany hot rolled coil prices also decreased
HRC (hot rolled coil) prices also decreased in Germany. Local producers in Germany are bidding at €700 ex-works. Another source said that prices were hovering around 730 euro.
In Spain, the HRC price, which was announced at 815 euro for two weeks, decreased to 705 euro this week.
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