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06 Dec
17:02

EU coil price trend assessments keep diverging

As the year is coming to a close, observers in the northwest European coil market are expressing different views on the stability of prices. While it is clear that the rebound anticipated by steelmakers in early November has not materialised, observers are not unanimous over whether the current market is stable or soft. Back then, the ex-works price had halted at €1,000/tonne ($1,129), and domestic integrated mills already declared the target of €1,…
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