21
Jan
13:31
Italian HRC demand weak, import prices rise
Italian hot rolled coil market woes continues, with prices dropping again because of low demand and a wait-and-see attitude on the side of buyers.
Service centres expect values to continue decreasing in the coming days and re-rollers' appetite for domestic material is limited, despite its proximity advantage over imported product.
A certain inertia is dominating sales, with prices hovering at €800-840/tonne ($906-952) base ex-works. The high point of the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous