02
Dec
10:11
Italian coil skyrockets, producers withdraw offers
Italian hot rolled coil prices are increasing quickly in the latest contracts by over €60/tonne ($72) on average compared to ten days ago. This is due to continued short supply. Stocks at end users and service centres are said to be lowering, Kallanish learn from market sources.
This week’s contract values for HRC are at €560-580/t base ex-works. Local producers, however, are not quoting this week and have been out of the market for a few days. The…
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Anonymous
Very good overview of the weekly steel market.
Anonymous