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16 Dec
11:54

Italian coil prices flatten

Italian hot rolled coil prices are stable compared to last week after weakening in a market standoff, Kallanish hears. The majority of domestic spot contracts are on average hovering at €830-840/tonne ($937-948) base ex-works, for relatively small tonnages. Buyers remain in wait-and-see mood and some producers are asking for up to €860-870/t for small quantities, quoting January lead times. Import offers are reported at €810/t cfr Italy, inclu…
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