Despite the slowdown in the HRC market due to the bank holiday prices did not decrease.
According to the prices reached yesterday and today the ex-factory price in Northern Europe is 855/mt euros. 800/mt euros in Central Europe. In Southern Europe, it remains steady at 780/mt euros.
Despite the decrease in activities during the holiday period there is movement in the Italian market.
Some traders believe the imports and the calm of the foreign exchange market will be good for the local economy.
Some factories turn to Turkey because they get more affordable prices such as 730/mt euros from Turkey.
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