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28 Jul
12:32

Italian coil demand remains strong despite price decline

Italian hot rolled coil prices are stable compared to last week after losing €30/tonne ($35) so far this month, market participants tell Kallanish. Service centres are adopting a wait-and-see attitude, while producers, despite decreasing their prices, remain optimistic about activity. Order books are full and lead times for HRC stretch to between October and December. Service centres are not buying from the domestic market at present due to the beginning of…
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