25
Jan
11:27
Italian hot rolled coil makers seek increases
Italian hot rolled coil producers are pushing up prices by €30/tonne ($33) on average, bringing to an end the price fall seen in the domestic market in recent weeks.
The increases are mostly due to hiking energy costs, which are steeper in Italy than other European countries. Also last week, HRC import offers suddenly started to increase. Asian material is now offered at between $870-900/t cfr Italy, depending on country of origin. Offers of foreign HRC conti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous