07
Feb
12:35
Italian HRC prices continue uptick
Italian hot rolled coil contract prices are increasing by up to €10/tonne ($10.7) this week. Demand continues to be sustained from re-rollers but is said to be less lively from service centres who have bought enough material to adopt a wait-and-see attitude, Kallanish hears.
However, local and European producers’ lead times are extending. Italian coil makers are now quoting end-April delivery and difficulties are arising with allocations. One HRC p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous