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15 Feb
Italian coil demand has gone quiet after the strong sales of recent weeks. Hot rolled coil contract prices are now increasing by €20/tonne ($21) compared to last week, but service centres are beginning to adopt a wait-and-see attitude, Kallanish hears. Local steelmakers are increasing their HRC offers to €800-820/t base ex-works or delivered, from last week’s €780/t. ArcelorMittal is also pushing coil offers in Europe up further. They are now …
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