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05 Mar
10:24

Italian HRC continues to decline amid lacklustre demand

Italian coil prices are continuing their declining trend, in line with the coil derivative market, local sources tell Kallanish. Mill sources say they are selling limited volumes and more to end-users than to service centres whose bids are now extremely low. There are no markets driving demand in Europe at present. Coil service centres are reporting stagnating activity downstream and declining values. While some Asian-origin hot rolled coil import activity has re…
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