Local HRC prices in the Italian market

Wednesday, 30 July 2008 11:31:58 (GMT+3)   |  
Italy is currently preparing for its holiday season, which explains the sluggishness of general domestic demand in the country. Compared to past weeks, the prices for Chinese-origin HRC in the domestic market have fallen by €30/mt to €715-720/mt ex-warehouse, excluding VAT, with 60-day deferred payment. Russian-origin HRC is being sold in the Italian domestic market at the level of €750-760/mt ex-warehouse, excluding VAT, also with 60-day deferred payment. On the other hand, Italian producer Ilva’s domestic price for HRC is at €800-810/mt ex-works, excluding VAT.

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