07
Jun
09:26
Italian HRC prices continue to rise
Both demand and prices for hot rolled coil in Italy continue to strengthen and are expected to carry on rising over the coming days, traders and HRC sellers tell Kallanish.
The recent price increases implemented in Europe resulted in domestic transactions gaining €20/tonne ($22.5/t) on average at the end of May. Transaction prices last week have continued to move upwards and are now approaching the level of €470/t base ex-works…
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Anonymous
Very good overview of the weekly steel market.
Anonymous