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04 Nov
11:00

Italian coil prices weaken on persisting deadlock

Italian hot rolled coil prices are reducing further, by some €30/tonne ($29/t), compared to the end of October due to the current market deterioration. Both northern and southern European mills are quoting the same level of prices and witnessing a low order intake in Q4 this year and Q1 2023, Kallanish hears. In Italy, some service centres report a significant decline in consumption among their clients. Volumes from the appliance and automotive sectors are mi…
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