The price of rolled metal products in Europe has recently increased significantly

According to market information in Europe, recent prices for hot rolled steel (HRC) in Europe have risen sharply, mainly due to a lack of raw materials and strong market demand.

Among them, the market price for HRC in Europe showed an increase of about 26 euros per tonne on December 9 in one day, before that the price had already increased by more than 35 euros per tonne last week.

While there are also some experts concerned about the high risk of price adjustments in the future, most market participants still believe that the risk will still be low due to high market demand at the moment.

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