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German HDG Prices Stabilize After Earlier Gains Amid Cautious Market Sentiment

German HDG Prices Stabilize After Earlier Gains Amid Cautious Market Sentiment

Timothy Greene 24-Apr-2025

In the third week of April xxxx, the price of Hot Dipped Galvanized Plain Sheet (HDG) in Germany remained unchanged after rising xx in the second week. This price stabilization reflects the cautious mindset of the larger European market, as the HDG sector continues to be characterized by low demand and limited trade activity, despite some hopeful indicators from the mechanical engineering area.

Key Takeaways:

  • German HDG prices held steady in the third week of April after gaining xx in the previous week
  • Limited trading volumes dominate the European HDG market with buyers making only small-scale, immediate purchases
  • Raw material costs for HDG production have remained consistent, providing little justification for further price increases
  • Sheet metal forming sector maintains negative outlook with xxx of companies expecting revenue declines
  • Mechanical engineering shows slight improvement with xxx of companies rating current situation as good, up from xxx in January
  • Germany&#xx;s 鈧瑇xx billion...

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