01
Apr
11:49
Italian HRC prices hike further
Italian hot rolled coil prices are soaring again in new contracts compared to last week, surpassing the level of €850/tonne ($998) base ex-works. This week, some producers are halting sales and are expected to resume quoting after the Easter break.
While continued short supply is putting pressure on buyers, sources tell Kallanish that demand has significantly weakened this week since ArcelorMittal’s announcement of new coil increases last week (see…
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Anonymous
Very good overview of the weekly steel market.
Anonymous