European hot rolled coil market holds steady
After the prices continued to drop in last month, Europe's hot rolled prices have gradually stable. Market demand began to improve, buyers to increase their inventory level, due to a good situation, steel mills lead-time to September.
In addition, the European Commission will announce the anti-dumping investigation final results against Russia, Ukraine, Brazil, Iran and Serbia. The current offer for imports resources are very limited, which will also help stable the market.
