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18 Mar
10:17

Italian HRC seen reaching €800

Italian hot rolled coil prices are seen increasing again next week as some producers halted sales this week. Transaction prices for service centre material are also increasing further by €30/tonne ($35/t) compared to last week, sources tell Kallanish. Domestic HRC was paid for this week at €770-780/t base ex-works, another hike due to short supply and long lead times. Very little material is available for May delivery while the majority of producers …
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