Italian mill Marcegaglia is reported to have increased its base prices for certain flat steel products for small and medium-sized customers in Italy to the following levels:
Product | Price rise | New price levels |
HDG | €40/mt | €570/mt |
€20/mt | €560/mt | |
P&O coil | €15/mt | €515/mt |
Following the increase the prices have reached considerably high levels, but time is required to see to what extent the market will accept such levels.