EUROPE HRC: Domestic prices slide in south on weak demand

November 15, 2018 / www.metalbulletin.com / Article Link

Domestic prices for hot-rolled coil (HRC) are down over the past week in Southern Europe, sources told Fastmarkets on Wednesday November 14.

The decrease was the result of slow trading and competitive import offers from Turkey, market participants said.Southern EuropeFastmarkets' domestic price assessment for HRC in Southern Europe was ?,?480-525 ($540-591) per tonne ex-works on November 14, down from ?,?490-530 per tonne ex-works last week.Italian mills were reported to offer the material at ?,?480-490 per tonne ex-works, while the upper end of the...

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