07
Mar
12:21
Limited supply keeps Italian HRC market tight
Italian hot rolled coil prices are ticking up in contracts as demand remains strong, Kallanish hears.
Buyers are lamenting limited supply in Europe. Traditional Asian suppliers are still offering limited or no allocations, with Turkish HRC offers also remaining absent. Italian suppliers are also encountering allocation issues and quoting long lead times, stretching to the end of May for some.
Local steelmakers are quoting €820/tonne ($874) base ex-works. Thi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous