ArcelorMittal increases steel prices again

According to the latest pricing information from ArcelorMittal, one of the world's leading steel producers, it has increased flat steel prices in Europe by about € 50 per tonne, the seventh consecutive increase from ArcelorMittal in a week.

Among them, the range of price increases for hot-rolled coils, cold-rolled coils and hot-dip galvanized steel coils in Europe amounted to about 20-50 euros per tonne.

According to some market participants, the future market price of flat products may be largely related to the Chinese market.