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30 Jan
11:26

Low demand weakens Italian coil prices

Italian coil prices are losing €20/tonne ($22.8/t) compared to mid-January due to lower demand from slowing production in the automotive sector. Service centres meanwhile are also complaining about low levels of demand from end-users, Kallanish learns from market sources. Hot rolled coil transaction prices have now reached €440/t base ex-works, from a level of €460/t last month. Cold rolled coil and hot dipped galvanized prices are also being nega…
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