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22 Oct
13:31

Italian coil sales gain momentum

Italian coil demand has become dynamic over the past few days. Some service centres believe prices will increase as most coil producers are mulling increases related to the extra costs of energy. Slow orders from the automotive sector, however, continue to spread uncertainty among steelmakers. Italian domestic hot rolled coil values are hovering at €860-920/tonne ($1,001-1,071) base ex-works. The high point of the range is achieved for lower tonnages and…
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