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13 Jul
08:30

Italian coil prices uptick but demand remains patchy

The Italian coil market is picking up slowly, but sales volumes remain low as service centres are not replenishing their stocks and demand from end-users is poor. Mills’ are asking €540-550/tonne ($628.8-640.4/t) base ex-works for hot rolled coil. Transaction prices this week are in line with asking prices and €10-15/t higher compared to the beginning of last week, Kallanish hears. For September delivery in southern European countries, …
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