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04 Mar
09:35

Italian HRC market flattens as producer halts sales

Italian domestic hot rolled coil transaction prices are remaining steady compared to those in February. A large producer however has halted sales in Italy and decided not to sell any second-choice material, Kallanish learns from market sources. While on the buyers’ side there is firm opposition to price increases, domestic producers’ prices remain stable at €450/tonne ($502/t) base ex-works and €460/t base delivered. Demand is considered to b…
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