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Some initial signals are being seen for attempted price increases in Europe, north of the Alps, but they are still too weak to result in a rebound of coil prices. According to a southern German manager, hikes of €50/tonne ($53) announced by a Czech mill for February rolling/delivery are actually meant seriously. “We would have ordered at January’s prices, but they [Czech supplier] refused,” he tells Kallanish. The hike would take the offer pā€¦
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