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15 Jan
10:26

Coil prices stabilise in northwest Europe

Following the repeated price hike announcements in preceding weeks, coil buyers in northwestern European countries believe values will stabilise with possible slight upward movement. However, they are not confirming whether they are actually paying the elevated prices. Last week, ArcelorMittal was reported leading the latest hike attempt, this time aiming for €800/tonne ($875) ex-works for hot rolled coil, although this is not advertised openly. “It is …
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