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18 Jun

Italian HRC prices freeze amid low consumption

Hot rolled coil prices in Italy have remained largely stable this week, despite a stagnant market caused by a consumption impasse throughout the value chain. Coil service centres are facing significant challenges due to the combination of low prices and weak demand, making it difficult for them to raise quotes, Kallanish notes. “In 2024, we are losing a lot of money. In the second half of last year, sales volumes deteriorated, but since March the situation h…
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