After the shock in March, the European steel market continued to oscillate in April, but showed an upward trend as a whole. At the end of April, the prices of hot rolled steel coil, cold rolled steel coil and medium-heavy plate in EU steel mills rose by 23 US dollars, 12 US dollars and 25 US dollars respectively, to 548 US dollars, 644 US dollars and 644 US dollars. Previous price declines laid the foundation for the recovery of flat steel prices in Europe.
In addition, the EU export quota system has also played an encouraging role in the European steel market, so the European steel market as a whole rose. However, the recovery of European steel market is not ideal. The recovery of European steel market will be a long process, but there is little room for further decline. It is expected that the overall European steel market will continue to oscillate upward movement.
Just like you, 70% customers choose long-term cooperation with BBN steel not only for our good product and service quality, good reputation in the international market, but also for our experienced one-stop raw material supply and further steel processing!
