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05 Nov
11:07

Uncertainty impacts Italian coil prices

Italian coil prices are expected to increase this week but, while demand is reported to be livelier, the market remains uncertain with visibility low, market participants tell Kallanish. Domestic hot rolled coil producers, selling for November and December deliveries, are expected to push domestic contracts up to the level of €900-950/tonne base ex-works ($1,039-1,097) for spot contracts. One Eastern European producer however is said to be “ruining&rdqu…
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