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08 Jul
11:19

Italian coils weaken further

Italian hot rolled coil prices are losing a further €5/tonne ($5.6/t) compared to last week as transactions have returned to the pre-increase levels seen in May, market participants tell Kallanish. Demand continues to be patchy for cold rolled coil and hot-dipped galvanized material, Kallanish hears. Prices for HRC have now returned to €440-450/t base ex-works. Those for HDG are at €510-520/t base ex-works, with an av…
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