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16 Oct
11:31

Italian coil weakens on low demand

Italian coil prices are sliding again as downstream demand remains low, Kallanish learns from service centres. This is happening within a situation of price uncertainty at both domestic and international levels and high stocks. Hot dipped galvanized prices are stable at around €600-610/tonne ($694-706/t) base ex-works compared to last week. Hot rolled coil prices are at €510/t base ex-works on average, down from €520/t base ex-…
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