European Hot Rolled Coil Prices Surge as Mills Seek Revenue Recovery

Via Metal Miner   Prices for hot rolled coil in Western Europe have risen further in the past month as mills seek to regain lost revenue from the declines of 2024. As the steel industry looks to 2025, this could have significant implications for prices and partnerships. “People are buying before year’s end. I’ve got several bids,” one market observer told MetalMiner on December 19. End users tend to seek material towards year’s end to hedge against expected price increases at the start of a new calendar year.…