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04 Feb
10:34

Italian HRC producers struggle to increase prices

Italian domestic hot rolled coil producers are mulling further price increases despite buyers’ refusal to purchase due to unreliable demand, Kallanish learns from market sources. Domestic producers’ asking prices remain stable compared to last month at €450/tonne ($497/t) base ex-works or €460-465/t base delivered while another large steelmaker is asking €470-480/t base ex-works. The domestic market remains slow and difficult this month.…
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