Early April xxxx saw different fluctuations in the prices of hot rolled coils (HRCs) across major markets, with the US market seeing a decline and European prices continuing their rising trend.听 The second week of April saw a x.xx increase in HRC prices in Germany and a x.xx decrease in US prices, indicating regional variations in market dynamics.
Key Takeaways:
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European HRC market maintains upward momentum with Germany seeing a x.xx price increase
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US HRC prices dropped x.xx as part of a broader decline across sheet and plate indices
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Limited imports and reduced domestic supplies support European HRC prices
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US buyers remain cautious due to uncertainty around tariffs and demand forecasts
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Raw steel mill output in the US increased by x.xx to x,xxx,xxx short tons
In Northern Europe, HRC prices continued their positive trajectory with Germany&#xx;s x.xx increase reflecting the broader regional trend. The domestic price index for HRC in...
