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11 Jun

Poor consumption hampers possible Italian coil price increases

Italian coil prices are expected to move up this month, despite widespread concern regarding a “serious” decline in consumption, sources note. In recent weeks, the slow consumption has impacted order books and market mood throughout the value chain. The increase that European producers may implement, however, is expected to be only slight, as any hike move in this poor market may altogether stop activity. Several producers are unsure about increasing v…
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