Hot-Rolled Coils (HRC): Global HRC prices face downward pressure amid sluggish demand in China and Europe, with a cautious short-term outlook as oversupply and economic uncertainties persist.

 

Beams & Merchant Bars: Prices are mixed, with North America showing stability due to infrastructure spending, while Europe and Asia experience softer demand; near-term risks remain tied to construction activity and interest rates.

 

Pipes & Tubes: Moderate price pressures persist globally, though energy and infrastructure sectors provide support in key markets like North America and the Middle East, while China and Europe lag due to weak demand and high inventories.