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10 Jun
11:47

Italian HRC to increase despite sluggish market

Italian domestic hot rolled coil prices may increase by €10/tonne ($11/t) over the coming days on expensive iron ore and costiler import offers. However, the move is surrounded by uncertainty as the weak domestic market is impacting buyers’ activity and financial positions, Kallanish learns from market participants. Mills are still struggling to fill July order books as service centres have lost between 20% and 50% of their activity depending on wh…
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