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06 Jun

EU coil market prepares for contract talks

The mid-year negotiations for long-term supply contracts between northwestern European coil mills and big consumers will start soon, and in some cases already have. “There will be a long line of meetings next week for the initial talks for contracts for the second half of the year,” a buyer at a cold-roller tells Kallanish. Other sources previously indicated that buyers would prefer to push back the talks as long as possible, assuming the sustained lu…
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