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02 Jul
11:42

Italian HRC market stagnates

Italian hot rolled coil prices are stable compared to last week in a stagnating market as transactions have returned to the pre-increase levels seen in May, market participants tell Kallanish. Demand continues to be low for cold rolled coil and hot dipped galvanized material. It is also declining in July for HRC as service centres and tube makers delay purchasing and prefer to hold back because of uncertainty. This is fore…
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