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05 May

Italian CRC, HDG demand quietens

Italian cold rolled and hot-dipped galvanised coil market activity has died out due to continued demand weakness and economic uncertainty. Producers remain confident however after strong first-quarter sales at high prices. Some also reported a relatively good month in April despite the slower demand compared to previous months, Kallanish notes. With domestic buyers seemingly on the fence, prices for May contracts are unclear as no transactions are happening so fa…
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