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31 Mar
15:56

European market expects coil supply disruption in April

Strong supply chain disruptions are expected in April and May throughout the European coil complex due to the fires hitting ArcelorMittal in Spain and France, and the Tata Steel force majeure at Ijmuiden in late February, sources tell Kallanish. This, coupled with significantly reduced coil production at Acciaierie d’Italia, one of the largest steel mills in Europe, and reduced allocation from Asian suppliers to Europe, is expected to put a strain on the EU …
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