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11 Jul
12:27

Italian coil prices flatten on weak demand

Italian cold rolled and hot-dipped galvanised coil market activity remains quiet, with demand low and uncertainty prevailing. This reflects the weak consumption seen in Europe, where bids are particularly low and buyers unwilling to negotiate. Last week, some improved demand was reported in Italy, but now the quiet has returned, Kallanish notes. With domestic buyers seemingly on the fence, contract prices are flattening compared to the beginning of July and the mu…
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