06
Nov
11:25
Italian coil enjoys strong demand
Italian hot rolled coil prices are stable in transactions compared to the last week of October. However, those producers that had not already done so are pushing up their asking prices from €490/tonne base ex-works to €500/t ($593) base ex-works, market participants tell Kallanish.
Contracts are at between €480-500/t base ex-works. Despite strong demand, short supply continues to slow down the market. Producers are now filling January order books an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous