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23 Jun
09:40

Italian HRC hikes, some optimism over increased sales

Italian domestic hot rolled coil producers are increasing their prices by €40/tonne ($45/t) compared to the latest contract prices. ArcelorMittal is also reported to be increasing its offers in Europe, Kallanish learns from market participants. Despite the soaring domestic and import asking prices, the market for HRC remains slow. Nevertheless, a slight improvement in service centres’ sales volumes has been registered in June, and optimism has increased…
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