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03 Apr
11:03

Italian HRC weakens as Federacciai warns of losses

Italian domestic hot rolled coil transaction prices are at a minimum but the few offers and contracts in evidence indicate a price fall of €30/tonne ($32/t) compared to the beginning of March. All steel products prices in Italy are on a downward trend, Kallanish learns from market sources. The sector is on a complete lockdown despite the fact that producers Arvedi and ArcelorMittal Italia in Taranto are still working at a reduced rate. The government has exte…
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