HRC prices increased in Europe this week. Despite the limited trade, the high orders caused the increase in prices to continue.
According to the prices of the new week, HRC is trading at 795 euros in Germany and Italy. In Spain, the HRC price is announced as 785 euros.
Although some sources in the market expressed their opinion that the rise in prices will continue due to high orders and the expected increase in stocking activity, some sources are concerned about the continuation of this trend as the demand is not at a level to support price increases.
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