European steel prices fell in September amid weaker manufacturing activity and downbeat prospects in the construction sector. EU steel prices averaged USD 687 per metric ton in September, down 3.5% from August’s price and 6.3% lower year on year. On 29 September, European hot-rolled coil steel traded at USD 665 per metric ton, 7.4% lower month on month.
This chart displays Steel (Europe) (US$/mt) from 2021 to 2023.
Hot Rolled Coil Steel EUR (prices in US$/mt, aop)
| Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | |
|---|---|---|---|---|---|---|---|---|
| Hot Rolled Coil Steel EUR | - | - | - | 1,131 | 1,154 | 1,240 | 788 | 655 |