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24 May
11:54

Italian HRC demand picks up

Demand for hot rolled coil in Italy has finally resumed and was on a rising trend last week, traders and HRC sellers tell Kallanish. This follows a long period of market stagnation and low sales volumes. The recent price increases implemented in Europe have not shown in transactions so far and service centres are still paying €440/tonne ($492/t) base ex-works for HRC. Last week however contracts were seen on the verge of rising. &ld…
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