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31 Aug

Italian coils prices to hike

Italian hot rolled coil prices are seen increasing in new contracts by some €40-50/tonne ($43-54) despite the market being quiet and orders low. Activity is slowly resuming this week after the August holiday break with HRC buyers and service centres’ customers in a wait-and-see mood. Prices are flat compared to the contracts implemented in end-July and August, Kallanish notes. No change is registered in demand for coils derivatives so far. So…
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