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05 Jan
11:35

Italian flats seen increasing in line with HRC

Italian coil and coil derivative prices are seen remaining at high levels in January. This is caused mainly by tight hot rolled coil supply, increasing domestic contract values and difficulties in buying material from Asian suppliers, sources tell Kallanish. Demand for domestic coil is forecast to be sustained this month as buying from the import market remains risky. In January, buyers will have to pay a duty as high as 8% to unload material imported above EU quo…
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