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    Hot rolled coil European steel traded at USD 527 per metric ton on 5 July, which was 0.4% lower than on the same day in June. Furthermore, the price was down 8.3% on a year to date basis and was 18.8% lower than on the same day last year.

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    However, negative EU industrial output data for November likely limited the recovery. Hot rolled coil European steel traded at USD 477 per metric ton on 17 January, which was up 4.1% from the same day last month. Moreover, the price was 4.1% higher on a year to date basis but was down 16.8% from the same day last year.

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