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17 Jun
10:22

Italian coil downturn continues

The deadlock continues in Italy’s cold rolled and hot-dipped galvanised coil markets, with demand remaining sluggish and prices on a downward trajectory, Kallanish notes. Service centres are refusing to buy, apart from very low volumes from stocks. Some sales are being done with end-users but still for low volumes. Customers are delaying receipt of material and many are asking to review old orders agreed at higher prices. Stocks at service centres are said t…
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