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27 Apr
14:38

Italian HRC market stagnates

The Italian hot rolled coil market continues to stagnate, with prices declining. The market is said to be “dead”, with sales only happening back-to-back and producers beginning to worry as order books are not being filled. Service centres and re-rollers are only implementing orders on the import market, thanks to competitive prices compared to domestic values. “Orders are not coming in,” says one Italian HRC seller, adding that values today…
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