21
Oct
12:07
Italian HRC prices stagnate
Italian domestic hot rolled coil prices are flattening after having significantly lost ground in October. Both producers and service centres say the market for domestic coils is stagnating. Uncertainty is causing customers to buy as little as they can.
Sources who spoke to Kallanish say that domestic prices for HRC are now at €395-400/tonne ($440-446/t) base ex-works. Buyers however are expecting further price reductions and their bids are at &eur…
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Anonymous
Very good overview of the weekly steel market.
Anonymous