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22 Mar

European coil prices to stabilise mid-year: end users

The European coil price uptrend is seen ending in the second half of the year, various regional coil buyers and end users tell Kallanish. With European producers restarting blast furnaces in Europe, the current shortages of hot and cold rolled, as well as hot-dipped galvanised coil should ease in H2 and prices may decline or stabilise. Demand for coil should also slow in the coming months as southern European re-rollers are said to have procured enough material un…
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