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25 Jan
19:59

More European galvanizing capacity could push down prices

While northwestern European mills are currently pushing to stabilise coil prices in the view of seeing them rebound, hot-dip galvanized coil could see a softening in the longer run due to new capacities coming on stream. At Salzgitter, a new galvanizing line with a capacity of at least 500,000 tonnes/year is due to start operation this year. A new line of similar size at thyssenkrupp Steel’s Dortmund location was scheduled to be started up last year. The com…
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