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16 Feb

Northern European coil buyers question price hikes

The latest coil price hikes heard from Europe’s major mill will not be accepted in the market, most observers believe, especially as far as hot-dip galvanized coil goes. Some are moreover complaining of tricks being played with buyers’ expectations. New offer prices from the market leader at the beginning of the week were heard reaching €820/tonne ($875) for hot rolled coil, and €940 for HDG. In the latter case, “they will not get any o…
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