Italian coil prices are seen decreasing in new transactions this week. Until last week at the Made in Steel tradeshow in Milan, demand from both re-rollers and service centres was at its lowest, with participants adopting a wait-and-see attitude.
Traders at the tradeshow and sellers from Asian countries quoted some €20/tonne ($21.9) lower prices compared to the beginning of the month, at €620-640/t cfr Italy for July boarding. However, local buyers expec…
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