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The European CRC market is preparing for a sharper price increase when the new CBAM trading regime changes supply dynamics.

Europe
European prices for cold-rolled steel increased a week before Wednesday, October 29, due to rising prices for
The European CRC market is preparing for a sharper price increase when the new CBAM trading regime changes supply dynamics.

European prices for cold-rolled steel increased a week before Wednesday, October 29, due to a change in trading conditions in a market traditionally dominated by imports, sources told Fastmarkets.

Price increases were "highly likely," they added, as the CRC market in Europe has traditionally been dominated by imports. This is especially true for base varieties. And Yulia Bolotova

Fastmarkets.com

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