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05 Apr
11:43

Italian coil becomes two-tier market, imports garner attention

Italian coil service centres continue to report dramatically reduced demand and remain concerned about their ability to pass mill price hikes on downstream. In March and April, “demand has practically reduced to nothing”, one service centre says, and adds that customers in the distribution sector are refusing any price hike. Italian hot rolled coil producers are asking for some €900/tonne ($985) base delivered, quoting June lead times, while con…
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