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04 Sep
12:11

Italian coil prices increase

Italian coil prices are increasing for contracts and offers by €70/tonne ($83) on average compared to July and August, market participants tell Kallanish. Domestic coil demand is picking up also because of the lack of competitive import offers from Asia and Turkey, together with low output from the main domestic HRC producers such as ArcelorMittal Italia. Coil maker Arvedi is also producing less due to the revamp of its main furnace and a recent fire that inv…
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