22
Apr
12:30
Italian coil contracts hike again as craze continues
The Italian coil craze is continuing this week, with transaction values increasing again on average by €10/tonne ($11) for hot rolled coil and €40/t for cold rolled and hot-dipped galvanised coil, market participants tell Kallanish.
CRC and HDG have climbed steadily, by €30-40/t each week over recent months, as short supply is slowing sales throughout the value chain. At present, “there are no prices”, a service centre says, referring to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous