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16 Feb
11:12

Italian CRC, HDG prices weaken

Italian coil prices are declining compared to the beginning of the month amid sales stagnation and low volumes as a consequence of weak consumption downstream and price hikes by European producers, Kallanish notes. Cold rolled coil and hot-dipped galvanised coil producers are now selling for second-quarter delivery and are coming from a position of strong sales at the end of last year. However, a process of destocking has started, with buyers only purchasing small…
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