International Market Information Of Metal Bucket Raw Materials: UK Hot-rolled Coil May Experience An Upward Trend

Last week, the price of hot-rolled coil in the UK showed an upward trend in the market, but the transaction was limited. Some traders remained optimistic about the prospects for 2025. Many people believed that prices would have an upward trend. They believed that although the demand in the EU market did not increase, prices showed an upward trend because after ArcelorMittal and ThyssenKrupp announced production cuts, the market supply decreased. Therefore, under the premise that steel mills reduce production, it is beneficial for European steel mills to increase prices.

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