Following a period of quiet activity, Italian coil prices are increasing significantly, in line with European mills’ hiking asking prices, Kallanish learns from market participants.
Over the past two weeks, strong demand has returned to the market and hot rolled coil prices have gradually gone from the level of €600/tonne ($651) base ex-works at the beginning of the month to €630-650/t base ex-works this week. Producers have filled January order bo…
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