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29 Dec

Annual EU coil contract prices to rise in January

In the wake of the relatively sudden acceleration in negotiations for long-term coil contracts in northwest Europe in mid-December, many steel users will be entering the new year with volumes secured at acceptable prices. Contracts that are still in the forging phase are likely to end at higher values going forward. “Until early December still, I was positive that signatures will take until January,” says one market player, in accordance with many othe…
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Christian Koehl  |  Germany
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