Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
The current number of domestic orders in Europe is good, so some manufacturers plan to raise prices for European hot coils after Christmas. However, the current demand boost is still the biggest bottleneck JAC270G steel, and it is expected that downstream demand in 2024 will still be about 10% lower than in 2024. Nordic market manufacturers are seeking to increase local hot coil prices to $788-821/ton. (Delivery from February to March 2024), and this price will be realized in the Italian market after the Christmas holiday JAC270G steel. The current actual transaction price is 680-700 euros/ton (745-765 US dollars/ton). In terms of the import market, the quotation has decreased, and some have been affected by the Red Sea situation, which has hindered transportation and increased freight costs. Currently, the price of imported hot coils from India is 650 euros/ton CFR Italy (710 US dollars/ton) (including freight and anti-dumping duties). In Türkiye, the price of hot coils imported into Italy is 695 euros/ton CFR Italy (760 dollars/ton), but the market generally believes that the price is still high, so there are few deals JAC270G steel.
