Key Takeaways:
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German Electrical Steel prices rose *.** week-on-week
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Northern European index increased weekly but declined month-on-month
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Buyers reported achievable prices consistent with recent transactions
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German mills offered Electrical Steel at five to six week lead times
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Trading activity remained subdued as buyers awaited clarity on CBAM and steel safeguard regulations
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Import interest limited due to regulatory uncertainties
German Electrical Steel markets showed stability, with a slight *.** increase week on week indicating little directional momentum. Buyers in Germany and the Benelux were able to secure achievable transaction price levels in line with recent deal activity. The German mills sustained offer levels for five to six weeks of delivery, but there was little buyer engagement that resulted in substantial volume clearing at these levels.
The Italian Electrical Steel market exhibited a similar stability as the prices remained unchanged from the previous week. The Italian index exhibited a greater amount...
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