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.