Microstructure angle:
EOS books are relatively shallow vs. majors; when bids vanish, small sell waves create outsized candles. #Liquidity #OrderBooks

European buyers still reluctant to accept higher HRC offers European hot-rolled coil producers remain bullish owing to having strong order books, but buyers are still reluctant to accept their official offers, citing weak end-user demand, sources told Fastmarkets on Tuesday January 21. In general, offers from…

#LatestUpdates #hotrolledcoil #HRC #orderbooks European buyers still reluctant to accept higher HRC offers