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Italian hot rolled coil prices keep escalating amid uncertainty. While producers are hit by ferro-alloy and other raw material shortages, HRC contract prices have gained another €100/tonne in transactions ($110/t) over the past week. However, with soaring values buyers are not rushing to purchase, Kallanish hears from market sources. Ten days ago ArcelorMittal increased its HRC quote to €1,400/tonne base ex-works and sources say the company is mulling &e…
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