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12 May
Italian hot rolled coil prices continue to fall amid a market standoff that is seen continuing over the coming days, Kallanish notes. This is in line with international flat and long steel price declines, together with the downturn in raw material values. Against the backdrop of recession fears in Europe, end-users, re-rollers and service centres continue to restrict orders to low volumes in both the local market and for import purchases. The general attitude is t…
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