European domestic flat steel prices reach highest levels since 2024

Domestic European flat steel prices have surged to their highest levels since 2024 as tightening EU trade defences and the full implementation of the Carbon Border Adjustment Mechanism look set to shift traditional import trade flows. Platts, part of S&P Global Energy, last assessed domestic HRC in Northern Europe at Eur660/mt ex-works Ruhr on Feb. 24, up Eur40 since the start of 2026, and theDomestic European flat steel prices have surged to their highest levels since 2024 as tightening EU trade defences and the full implementation of the Carbon Border Adjustment Mechanism look set to shift traditional import trade flows. Platts, part of S&P Global Energy, last assessed domestic HRC in Northern Europe at Eur660/mt ex-works Ruhr on Feb. 24, up Eur40 since the start of 2026, and theRead More