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16 Jun
13:44

Italian coil price slide seen stopping

Italian cold rolled and hot-dipped galvanized coil demand uncertainty is continuing, but some buyers have been purchasing over the past week while others remain in a wait-and-see mood, Kallanish understands from market participants. Producers believe it is the end of the price slide and are trying to keep the level of €800/tonne base ($875) delivered. Below this level, they struggle to keep their margins and intend to resist accepting the low point of the ran…
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