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14 Nov

EU processed coil premiums fail to cover costs

The premiums fetched for cold rolled and hot-dip galvanized coil over hot rolled coil by no means reflect the extra costs involved in the required processing, according to an EU mill representative. The customary premium that has been valid for years is €80/tonne for CRC and €100/t for HDG ($87/$108). This varies by mill and other parameters, and some players even apply the same premium for CRC and HDG. In the current market climate, these premiums are…
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