Italian mills hike coil prices as expected, sources say

摘要

Nearly all of southern Europe's coil producers had come out by Friday with new price increases across product ranges, as expected -- up by Eur20-40/mt, sources confirmed to S&P Global Platts. It's understood the producers aim to incrementally reach Eur550/mt ($667.26/mt) base ex-works for HRC, around Eur640/mt for base ex-works for CRC and for Eur650/mt base ex-works for HDG, with buyers more responsive to price increases.