19
Oct
09:21
Trade, demand indicate EU HRC prices bottomed: GMK
The downward price trend in Europe for hot rolled coil and other flat products has bottomed, according to Ukraine-based consultancy GMK Center.
Speaking at Kallanish Flat Steel 2023 in Istanbul on Thursday, GMK chief executive Stanislav Zinchenko stressed that underlying data point towards stability in end-use demand in Europe in the second half of 2023 versus H2 2022.
“We calculate that by the end of the year, end user demand overall in Europe will be marg…
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Anonymous
Very good overview of the weekly steel market.
Anonymous