Demand is low in the Italian flat steel market, while producers' domestic prices are following a downward trend. SteelOrbis has learned that in the Italian domestic market hot rolled coil (HRC) prices stand at €510-530/mt ($704-731/mt), while cold rolled coil (CRC) prices are at €570-590/mt ($787-814/mt), both ex-works. In the meantime, ex-UK HRC offers to Italy are at €490-500/mt ($676-690/mt) CFR.
€1 = $1.38