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10 Jan
18:20

ArcelorMittal begins to raise EU coil offers

ArcelorMittal has started communicating a new price rise for coil offers to its sales force across Europe. The company had already increased offers in early December but it is now raising its prices for new orders. The new reference price for HRC is now being set at €500/tonne ($556/t) ex-works base for Northern Europe and €480/t ex-works base for Southern Europe. Earlier in December the reference price was reported to be €450/t ex-works b…
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