Cold Rolled Coil Prices
Weaken in Northern Europe
Market participants, in Denmark, report that local demand is a
little weaker than in neighbouring Sweden and Germany. Cold rolled
coil values softened, slightly, in May, according to MEPS.
Consumption is at a high level, in Sweden. However, prices are
believed to have peaked, for now.
Purchase volumes are satisfactory, in Finland. The price trend is
thought to have reached the top of the current cycle but MEPS has no
reports of reductions, as yet.
Sales tonnages are high, in the Netherlands. Offers from China are
competitive, even after the application of antidumping duties.
Quotations from India and South Korea are also attractive.
In Norway, business activity levels are good but cold rolled coil
prices are under negative pressure.
Steel Review Supplement - May Edition
Also See: MEPS
Nordic Index and MEPS Nordic
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