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03 Jul
11:48

EU coil contract talks diverge on price reference

The negotiations between coil mills and their customers for regular supplies during the second half-year remain ongoing, despite H2 already beginning. This is not unusual in long-term supply negotiations, with prices agreed eventually taking effect retroactively, weeks, sometimes months late. The basis for negotiations is the price struck in the last round of negotiations, which occurred between November and December 2024. Some weeks ago, mills were heard asking f…
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