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22 Feb
12:22

Italian HRC market goes quiet

Italian hot rolled coil demand is now slowing and contracts are flattening compared to last week, Kallanish hears. While service centres are ordering less after replenishing their stocks last month, re-rollers continue to shop in Asia and Europe despite the high price of imported material. European producers are supported by uncompetitive import prices from traditional exporters to Italy such as Japan, Korea, Taiwan, and India, which have smaller allocations t…
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