Italian hot rolled coil prices are increasing by some €20/tonne ($20.9) on average compared to last week, although demand remains patchy, Kallanish hears.
Italian producers are now asking for €610-630/t base ex-works. Contracts are rising to an average level of €610/t base. A large producer says its order intake is now solid after it sold to multiple buyers at €610-620/t. It is considering increasing its prices for December and January delivery…
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