The US HCl market saw a x.xxx price decrease due to weak downstream demand, specifically in the steel production industry. The alignment of higher interest rates and recently introduced xxx tariffs on importations of foreign steel and aluminum in June and July discouraged industrial activity. These actions not only pressured steel pickling HCl consumption but also harmed international competitiveness, cutting export opportunities while cutting import volumes sharply. Generally, the muted trade flow pace confirmed bearish sentiment through the US HCl market.
European HCl prices moved forward, increasing x.xx in the German market and to USD xxx/MT FOB Hamburg. Constrained HCl supply was the prime mover, driven by the lowered chlor-alkali production and acute logistical congestion at major ports like Hamburg, Bremerhaven, and Genoa. Other restrictions were caused by delays in rail transportation, port congestion, and labour shortages that all curbed material...
