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01 Feb
12:06

Italian coil prices begin to edge down

Italian hot rolled coil supply tension is beginning to ease as import purchases are returning at lower prices. Meanwhile, some local producers who were not at full capacity are now boosting production and beginning to shorten their lead times, Kallanish learns from market sources. ArcelorMittal Italia is also preparing to boost production at Taranto (see Kallanish 27 January). This should however be felt in the market only by March. In January some imported materi…
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