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11 May
11:22

Italian coil prices fall in quiet market

Italian domestic hot rolled coil transaction prices have lost significantly in new contracts compared to pre-lockdown levels. The entire sector reopened on 4 May after almost two months of no production or invoicing. However, the resumption of sales activity remains extremely limited due to uncertainty. Buyers are adopting a wait-and-see attitude and activity driven by the automotive sector has almost completely stopped, Kallanish learns from market participants. …
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