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05 Aug
11:01

Italian HRC producers seek increases on short supply

Last week’s Italian hot rolled coil price increases have consolidated this week, and producers are pushing up values further for October and November delivery, Kallanish learns from local sources. Producers are seeking a €30/tonne ($35/t) increase on average compared to July and are now asking for €410/t base ex-works. Transaction prices have followed, gradually gaining €5/t per week in recent weeks. Contracts are now fetching a solid €40…
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