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17 Sep
11:20

Short supply supports Italian coil prices

Italian hot rolled coil contracts are ticking up by a further €10/tonne ($11) compared to last week, supported by an improvement in orders from the automotive sector, buyers and mills tell Kallanish. While demand is quiet from service centres this week, most mills have finished October order books and are now selling their November casting. Large orders have been implemented by some service centres at €470/t base ex-works, while the most common price for…
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