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Europe’s Steel Market Faces Turmoil as EU Moves to Double Tariffs
Via Metal Miner Hot rolled coil prices in Europe have remained largely unchanged in the past two weeks. However, a proposal by the European Union to slash import quotas has raised concerns among market participants. Hot Rolled Coil Deliveries Surging into the EU Mills in northern Europe continue to seek €580-600 ($700) per metric ton EXW for the flat rolled product, though one trader noted that they have since moved away from the offers’ high end, instead transacting material at closer €570 ($665). Imports into Europe from Southeast…
Categories: Oil news

