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19 May

HDG could see deeper dip in northwest Europe

Coil prices are virtually in freefall in Europe and elsewhere, although it seems that galvanized material is holding up better than hot and cold rolled coil. This could change in the third quarter, a buyer at a German fabricator company believes. His company buys mainly plain galvanized grades, but currently has to wait in line. “Domestic integrated mills do not like to do plain grade much, as long as they get better orders from the automotive industry,&rdqu…
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