12
Nov
10:19
Italian coil price hike loses momentum
Italian coil prices are edging down week-on-week due to a failed increase attempt. While producers are not quoting for hot rolled coils, service centres and re-rollers persist in their wait-and-see attitude. At the same time competitive import offers are not helping domestic prices to increase with with lower orders from the automotive sector.
Spot contracts for domestic material remain at €850-920/tonne base ex-works ($972-1,052/t) with the high point of the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous