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04 Aug

Northwest Europe coil prices unmoved, possibly softening

Coil prices in northwestern Europe have seen limited movement and it looks unlikely this will change after the summer holidays. Some sources do not exclude the possibility of a further minor drop in prices. Although some participants say ArcelorMittal claims to have started to reverse the pricing downtrend, this is not being confirmed from the side of the buyers. In fact, one buyer suggests that September could see another dip, as “the demand just isn’…
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