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04 Mar
15:49

German coil buyers expect further hikes

Stockholders in Germany are not all too bewildered by the considerable price hike for coil products reflected in ArcelorMittal Europe’s latest price target announcement. In fact, many think prices will hike further in the coming days. Just after Russia started its invasion of Ukraine, northwest European mills stopped offering coil, sources say. “ArcelorMittal was the first to make the step of coming out with an announcement when all others had left the…
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