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19 Jul
10:41

Italian coil stagnates in slow market

Italian hot rolled coil prices are stagnating and are back to the low levels seen in the second quarter. Domestic prices have not moved on-week as activity is considered sluggish, market sources tell Kallanish. Demand continues to be patchy also for cold rolled coil and hot-dipped galvanized material, with activity in end-use sectors continuing to slow this month. At present HRC is at €440-450/t ($494-505) base ex-works. HDG is at €…
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