ArcelorMittal, leading European steel maker, has raised its HRC prices by around EUR 30/t ($35/t) m-o-m to EUR 700/t ($819/t) base delivered for Apr’26 deliveries. Moreover, CRC and HDGI prices were also increased to EUR 830/t ($971/t) and EUR 820/t ($959/t) respectively. The price hike is mainly driven by trade regulations such as CBAM and anti-dumping regulations, while overall demand remained weak.
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