In the first half of November, consumer interest remained stable, helped by attempts to avoid the price increases expected with the introduction of new import regulations. The subsequent normalization of commercial activity did not prevent a gradual improvement in market conditions compared to the autumn of 2024. Assofermet notes that price increases have already been absorbed in the Nordic markets, while Italy is still lagging behind the escalation expected since December. Questions remain about the strength of underlying demand, but according to the association, a price rebound is "within reach" for the supply chain as a way to reverse the negative trend seen in recent months. A gradual reduction in the ability to find suppliers outside the EU could lead to further pressure increases in the second half of 2026.
For stainless steel products, Assofermet reports no surprises this month. The approach of 2026 and the uncertainty surrounding the CBAM mechanism lead to higher prices in the first quarter.
