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13 Mar
13:00

Italian coil price increase stalls on poor demand

The Italian coil market is struggling to increase prices due persisting conditions of uncertainty. Final demand remains patchy and service centres have not yet managed to pass on price increases to their customers with no significant change from last week and last month. Local producers are trying to defend the price level of €500/tonne ($564.9/t) base ex-works implemented in February. Despite this, HRC transaction prices remain between €470-…
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