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22 Apr
Italian hot rolled coils prices continue to fall as some spot contracts for good quality service centre material have gone below the level of €1,300/tonne ($1,404/t) base ex-works sought by steelmakers. End-users are now strongly resisting any more price increases, despite having full order books. One source says that values increased over €500/t in a year and finally customers are refusing the current prices. The automotive sector’s production dis…
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