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Europe's recovered vehicle market drives HDG & CRC prices弹簧展-2022第二十三届广州国际弹簧工业展览会-巨浪展览 -The 23rd China (Guangzhou) Int’l Spring Industry Exhibition
1/17/2022  弹簧展 - Spring Industry Exhibition
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According to statistics, the European auto market was blooming this week, coupled with the fact that local steel mills have signed long-term supply contracts with downstream customers, which prompted the price of cold-rolled coils (CRC) and hot-dip galvanized steel (HDG) to rise.


Besides, ArcelorMittal raised its HDG offer in Northern Europe''s market to EUR 1,160/ton. The HDG price in Northern Europe''s market has a weekly increase of EUR 50-80/ton, and there was a weekly increase of about EUR 50-60/ton for CRC.


In addition, the HDG price in the Southern European market has a weekly increase of EUR 60-80/ton, and a weekly increase of about EUR 80-100/ton was for CRC.


































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