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15 Jun
15:49

Italian HRC prices slide on negative sentiment

Italian hot rolled coils prices have not yet reached bottom. Despite the eagerness of buyers and sellers to see the end of the fall and some stability, domestic HRC continues to slide amid sluggish demand and careful buying activity. While material requests are particularly slow from service centres, their customers’ activity, although much slowed compared to Q1, is still evident. One source tells Kallanish his clients will file positive financial results in…
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