20
May
01:00
Marcegaglia targets 20/t rise for Italian strip
Italy’s Marcegaglia is to raise prices for the second quarter across its range of carbon tubular and flat products by €20/tonne, group ceo Antonio Marcegaglia tells Kallanish. The increase will take effect via a reduction in the company’s price discounts, Kallanish understands.
This could take hot rolled coil base prices in Italy closer to €440-450/t ex-works, according to one Italian producer source. Other local buyers peg the material…
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Anonymous
Very good overview of the weekly steel market.
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