Italian hot rolled coil contracted prices are flattening compared to previous week. Demand remains sustained on the back of lengthy deliveries from European producers and very few import offers, Kallanish hears.
Italian suppliers are quoting long lead times, stretching to the end of May for some and end-June for others. While ArcelorMittal is asking for €870/tonne ($936) base ex-works in Europe, local steelmakers are quoting €820-830/t ($874) base ex-wor…
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