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16 May

Low-priced HRC imports hit European market: conference

Europe’s steel market is under pressure from low-priced imports that come in a period of low demand and order activity. At the Kallanish European Steel Markets conference in Amsterdam this week, observers said it is unlikely the market will normalise until after summer. According to Cesare Vigano, managing director of ArcelorMittal fabricator subsidiary CSN, recent local prices in China of hot rolled coil at $575/tonne are now translating into import offers …
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