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29 Mar

Italian service centres struggle to increase prices

Buyers see the upward trend in coil prices in Italy and Europe continuing through the second quarter. Regional mills’ hot rolled coil prices have risen almost €200/tonne ($217) compared to the beginning of this year, coupled with reduced allocations and long lead times. Deliveries are extending to June, one source comments. Coil import allocations and supply pool are also substantially reduced. The limited volumes being offered remain at high prices. O…
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