30
Apr
11:39
Italian HRC contracts reach €1,000
Italian coil contract prices have reached €1,000/tonne ($1,203), as tight supply is slowing delivery throughout the entire value chain and most mills are still not quoting, market participants tell Kallanish.
Domestic hot rolled coil contracts are now at €970-1,000/t base ex-works. The level of €950/t of only ten days ago is considered an old value as prices increased by a further €40/t ($48) last week. With HRC quotes “spiralling ou…
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Anonymous
Very good overview of the weekly steel market.
Anonymous