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25 Nov

Coil imports lose competitiveness in Europe

After a prolonged period of steady inflow, coil offers from overseas to Europe have gone up and lost their attractiveness for EU buyers. “Just today I received a call with offers from Asia because some ship is not full yet. It seems they [Asian suppliers] are not selling their stuff that well any longer,” a buyer from a German fabricator tells Kallanish. For his purposes, he needs plain S235 hot rolled coil, while the domestic integrated mills prefer t…
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