EUROPE HRC: Domestic prices dip as holidays dull trading activity

摘要

Domestic prices for hot-rolled coil (HRC) in Southern Europe have fallen slightly this week, sources told Metal Bulletin on Wednesday May 2, although the direction in which prices are moving is not entirely clear because the market has been slowed by holidays in Europe early in the week.Domestic prices remained under pressure, with end-users still resisting price rises from distributors because they have not fully absorbed the price increases made in the first quarter of this year, the sources said.