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Europe’s coil prices continue to fall further

2015-09-08 00:00 LEO METALS LIMITED
European markets appear with different opinions about price in the north part and south of majority of countries cause weakness offers base price hot rolled coil. Base price around €370/metric ton ex-works, aparently north part accept more highest price compare to the south. South prefer get mill as €15/mt less as base price. Problem appears cause buyers don't want to store merchandise due is coming end of the year according to European distribuitor.