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20 Mar
14:03

Italian HRC prices flatten as import quotes bottom

Coil prices in Italy are mostly stable on-week, with some low bids seen from buyers, which mills are resisting. Import prices from Asian countries are however thought to have bottomed out, which should help domestic values to stabilise, sources tell Kallanish. Asian-origin hot rolled coil values are falling significantly month-on-month, but some low bids from European buyers are being refused by certain producers. “Most of them have sold enough tonnages to E…
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