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16 Dec
10:56

Demand returns, prices increase for Italian HRC

Italian hot rolled coil prices are increasing in quotes and contracts by €50/tonne ($53/t) on average compared to last month, Kallanish hears. Producers are quoting end of February and March delivery between €650-680/t base ex-works, up from €610-630/t base ex-works at the beginning of the month. These quotes however are expected not to last as most European steelmakers are mulling €700/t base ex-works for January. One steelmaker in Italy is no…
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