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09 Jun
15:13

Uncertainty remains in EU coil import market

The European coil import market continues to be affected by uncertainty, mainly linked with the wait for a final decision on safeguard measures beyond the end of June. In Italy traders are reporting that some Indian hot rolled coil could be competitive at as low as €900/tonne ($1,097) cfr. Buyers are however already considering the need to apply the 25% safeguard duty due to the fact large tonnages have already been ordered for delivery in the third and fourt…
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