The relevant media on January 3 news: Italy's domestic steel mills are trying to raise prices, and buyers are resisting weaker price increases. According to market information, a major Italian steel company has raised steel prices by 10-15 euros/ton, and the price increase seems to have been accepted by consumers.
It is reported that this price increase has been adopted by other Italian steel companies that produce cold-rolled and hot-dip galvanized steel. There are rumors that steel producers categorically reject any offer below the new steel price level. In addition, the nominal price of steel (FOB) is 525 to 520 EUR/ton (US$670 to 675 USD/ton), but no buyers are currently available.
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