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05 Mar
11:45

Italian coil producers to push up prices

Italian hot rolled, cold rolled and hot-dipped galvanized coil prices are forecast to increase this week as producers are mulling further hikes on short supply. Some local producers of HRC did not quote last week and are expected to start quoting this week at €750/tonne ($894). CRC and HDG could increase to €900/t base ex-works, Kallanish learns from market participants. Contracts for local HRC are currently pegged at €700-730/t base ex-works. Tra…
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