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12 Nov
13:51

South Europe traders foresee coil price revival

Traders in Southern Europe have expressed some hope this week that coil prices in the region could recover slightly.  Production cuts are having an effect and importers have started to either push up offers or are abstaining from sending new prices. As anticipated, the Arvedi mill in Italy is drastically reducing its output in November and December. A trader notes that the company is not offering new material for the moment. Similarly, ArcelorMittal Italia …
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