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05 Dec
11:40

Italian coil prices remain depressed in uncertain market

Activity in the Italian coil market has remained depressed this week as low demand from service centres and tube makers remains the dominant feature. The market is stalling and stocks at service centres are increasing as the market has becalmed because of weak demand from end-users, market sources tell Kallanish. Domestic HRC prices are now stabilising around the low point of last week’s range of €470/tonne ($533.6/t) base ex-works with a few tra…
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