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27 Nov
15:13

Tata Steel Europe hikes UK/European coil offers

Tata Steel Europe has contacted its UK customers to announce a price increase of £45/tonne ($57.9/t) for coil deliveries as of the beginning of February 2020, Kallanish learns from sources in the market. The announcement follows a recovery in sentiment witnessed during recent weeks across Europe and is targeted at bringing back coil prices to a profitable level. Kallanish understands that a similar increase is also being discussed with the com…
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