25
Sep
10:33
Italian coil transaction prices maintain uptrend
Italian hot rolled coil prices are increasing again in transactions by €15/tonne ($17) on-week, with contracts approaching the level of €500/t base ex-works, buyers and mills tell Kallanish.
Values are sustained by uncompetitive import offers and the national HRC shortage. The former Ilva steelworks, now ArcelorMittal Italia, is producing at minimum levels and putting off deliveries, while Arvedi is now resuming production after a summer of revamping its…
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Anonymous
Very good overview of the weekly steel market.
Anonymous