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27 Jan

Strong demand returns for Italian HRC

Italian hot rolled coil prices are increasing in quotes and contracts by some €30/tonne ($32/t) on average compared to last week. Downstream demand and demand from service centres and re-rollers is strong, with prices hiking throughout the value chain, Kallanish hears. Italian and European producers are now quoting April lead times after quickly closing March allocations. Asking prices have been pushed up to €780/t base ex-works or delivered, depend…
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