US hot-rolled coil prices remain modestly below $25 per hundredweight as mills seek to keep them from falling into loss-making territory amid a steep drop in demand.

Steel plate prices held steady in the United States while service centers paused their buying in order to assess the next steps in the Covid-19 pandemic and its resultant impact on construction and energy demand.

Domestic prices for hot-rolled coil in Northern Europe decreased slightly day on day due to limited market activity, sources told Fastmarkets on Tuesday April 14.

Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies.

Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies.

Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies.

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