08
Jan
12:00
Italian coil prices continue to weaken
Italian coil prices remain under pressure this month and have lost €10/tonne ($11.4/t) on average compared to December. This is happening in a protracted situation of low sales, destocking at service centres and the advent of low-priced material from Turkey, Kallanish learns from market sources.
Hot rolled coil prices have fallen from €470-480/t seen in December to €460-470/t base ex-works this month. Turkish HRC can reach…
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Anonymous
Very good overview of the weekly steel market.
Anonymous