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01 Aug
09:49

Iberian HRC market maintains price stability

The Spanish coil market has remained stable for more than one month. Most buyers had ordered what they needed by the end of July. Demand from the major consuming sectors is slowing but the market looks set for a possible recovery in September, Kallanish understands from local service centre sources. Mills’ S235JR grade hot rolled coil quotes are stable at some €610-620/tonne ($661-672) ex-works base. Some mills are trying to offer material at the h…
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