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12 Jan
13:01

Italian coil market lull continues

Italian hot rolled coil prices may increase this month as some producers are mulling price hikes to cover skyrocketing energy costs in Italy. The market however remains uncertain, with very few sales taking place and a wait-and-see attitude prevailing among re-rollers and service centres, Kallanish hears. While spot buyers would prefer to purchase domestically to avoid the uncertainty of extra duties and long delivery times of imports, demand for domestic HRC…
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