08
Apr
11:47
Italian CRC, HDG contracts surpass €1,000
The escalation in cold rolled and hot-dip galvanised coil prices in Italy is continuing. Contracts are increasing again by as much as €50/tonne ($59/t) on average on-week on account of serious supply shortages from domestic producers and on the import market.
Most coil makers are not quoting this week and continue to allocate a limited amount of material for high-price sales and for certain customers, Kallanish notes.
Domestic CRC is in extremely short suppl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous