The German Cold Rolled Coil market witnessed notable fluctuations in the weeks ending on April xth and April xxth, reflecting substantial shifts driven by supply shortages, downstream performance, and market-specific challenges. Importantly, during the week ending April xth, reduced output compounded by Easter-season low stocks posed challenges, impacting the availability of raw materials for consumers. This decline in Cold Rolled Coil output in Germany strained the market, particularly amid low stocks. Furthermore, a surge in demand, especially in the renowned German automotive sector, increased the need for Cold Rolled Coil, echoing the burgeoning industry growth. The thriving electric vehicle segment and the recovering infrastructure market also contributed significantly to the demand for Cold Rolled Coil. However, these promising prospects were marred by freight cost escalations and strikes by train drivers, underscoring the complexities impacting Cold Rolled Coil prices.
Moving onto the week ending April xxth, the German...
