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15 Apr
11:13

Market foresees Italian coil price fall for May

Italian domestic hot rolled coil sales activity remains at a minimum as the sector is not reopening this week, Kallanish learns from market sources. Local steelmakers Arvedi and ArcelorMittal Italia in Taranto are still working at a reduced rate. Domestic HRC prices remain at €420/tonne ($459/t) base ex-works or €430/t with virtually no imports in evidence and low demand. Buyers are beginning to ask producers to postpone deliveries of the material they o…
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