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27 Jun
17:03

Italian HRC prices likely to increase

A coil producer in Italy is temporarily suspending sales this week and considering potential price increases for September delivery. Price increases for hot rolled coil have been expected since the European Commission proposed in late May to extend the EU safeguard measure on steel by a further two years. This was confirmed this week (see Kallanish passim). It will also introduce a 15% cap per origin over the “other country” HRC tariff-rate quota…
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