Hot-rolled coil prices were little changed in Europe on Monday November 1 reflecting a lack of trading activity, but market sources are optimistic about the market's prospects, they told Fastmarkets.
Trading activity in the spot HRC market remained slow, mainly because European mills were busy negotiating long-term contracts with end users for next year.Producers are hopeful of substantial increases in prices agreed on long-term contracts from this year; market sources believe that end users will at least accept these rises in...