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22 Nov

Italian coil demand surges

Italian hot rolled coil demand is increasing this week, as predicted. Asking values are hiking by some €20/tonne ($20.5) on average, supported by less competitive import offers, Kallanish hears. Italian producers are now asking for €620-650/t base ex-works. Contracts, which until last week started at €570/t base ex-works, are seen rising to an average level of €620/t base ex-works this week. Multiple service centres and re-rollers say they are …
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Natalia Capra  |  France
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