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13 Jan
10:50

Italian coil increases again on short supply

Italian coil prices are increasing again this month, with mills now quoting a starting base ex-works value for hot rolled coil of €700/tonne ($852). Cold rolled coil and hot-dipped galvanised coil start at €800/t base ex-works, with offers reaching €950/t finished delivered, market participants tell Kallanish. HRC transactions are not yet at offer levels but are seen catching up in the coming days on material shortage. Mills can only allocate limite…
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