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Europe’s Steel Market Faces Turmoil as EU Moves to Double Tariffs
Market Intelligence Analysis
AI-Powered
Why This Matters
The European steel market is facing turmoil due to the EU's proposal to double tariffs and slash import quotas, potentially disrupting supply chains and prices.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Via Metal Miner Hot rolled coil prices in Europe have remained largely unchanged in the past two weeks. However, a proposal by the European Union to slash import quotas has raised concerns among market participants. Hot Rolled Coil Deliveries Surging into the EU Mills in northern Europe continue to seek €580-600 ($700) per metric ton EXW for the flat rolled product, though one trader noted that they have since moved away from the offers’ high end, instead transacting material at closer €570 ($665). Imports into Europe from Southeast…
Original article published by
OilPrice.com
on October 28, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.