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15 Nov
11:29

Italian service centres struggle to increase prices

Stagnating demand and depressed prices are persisting in Italy for coil derivatives, such as sheet and welded tube. European steelmakers are nevertheless increasing coil prices significantly due to limited supply, following several production stoppages and import quota exhaustion, Kallanish notes. Service centres are seeing continued weak demand. They are pushing up sheet prices to €750/tonne ($814) ex-works for hot rolled sheet and €780/t for pickled ma…
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