Posted on 22 Jan 2026
ArcelorMittal is increasing coil prices across Europe by a further €30/tonne ($34.90/t), according to market sources.
The revised base price for hot rolled coil is €700/t delivered for April delivery, Kallanish notes. Cold rolled coil prices in new contracts are also being increased, to a base of €830/t, while hot-dip galvanised coil is moving to €820/t, with CRC reported to be in tighter supply.
The latest hike comes amid a sharp slowdown in import availability, driven by uncertainty surrounding CBAM cost calculations and with the European Commission’s new trade regime set for July implementation. The latter, whose latest proposed version will be voted on by the European Parliament’s Committee on International Trade (INTA) next week, could include a 50% out-of-quota tariff and melt-and-pour rule.
Import offers into Europe are declining significantly, with Asian producers also facing limited visibility on pricing and future cost structure. Multiple sources highlight an ongoing shortage of CRC, particularly non-commodity grades, which are proving especially difficult to secure. While CRC continues to be sourced from imports and from producers facing lower CBAM exposure, availability remains constrained.
At present in the EU domestic market, HRC transactions are taking place at €630-640/t base delivered and about €740-750/t for CRC and HDG.
Source:Kallanish
