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07 Feb

Italian HRC prices continue uptick

Italian hot rolled coil contract prices are increasing by up to €10/tonne ($10.7) this week. Demand continues to be sustained from re-rollers but is said to be less lively from service centres who have bought enough material to adopt a wait-and-see attitude, Kallanish hears. However, local and European producers’ lead times are extending. Italian coil makers are now quoting end-April delivery and difficulties are arising with allocations. One HRC p…
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