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The US HCl price increased by *.***, bolstered by tight鈥俿upplies and scarce inventories during the year-end. HCl鈥俻rices were sustained by tight availability even though the cost underpinning from feedstock Liquid Chlorine was still not adequate due to stable prices during the period. Demand for HCl was not aggressive, as offtake from the downstream steel market remained insufficient. In December **** itself, production levels saw slight week-over-week declines as the month progressed. However, U.S. crude steel production increased year on year during the week ended December **, ****, according to the American Iron and Steel Institute (AISI) data, counting as minor鈥俿upport to overall HCl usage.
In Europe, HCl was trending upward鈥俛nd rose in the German market by *.***. Tight supply of HCl came to the forefront as the biggest influence, associated鈥倃ith diminished chlor-alkali output. Eurochlor reports that European chlor production reached...
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