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20 Mar
10:48

Italian coil prices decline

Italian coils are losing €10/tonne ($11.3/t) in this week’s transactions on low demand and lower-priced hot rolled coils imports from Turkey, market participants tell Kallanish. Service centres are still refusing to purchase and any sales that are made are for small tonnages. Prices for domestic HRC are €460-465/t base ex-works for re-rollers that tend to purchase high tonnages, and €470/t for service centres. This is down from the…
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