Tag: Europe: Steel mills conclude HRC contracts with automkers for H1CY23

European hot-rolled coil (HRC) contract prices for automobiles were concluded at around Euro 820/t ($871/t) on exw basis for the first half of next year (H1CY23), down by Euro 180/t ($191/t) from H2CY22. However, buyers are actively negotiating and aiming for a cut of Euro 220/t ($234/t). Some of the steelmakers have changed their contract…