The import price for hot-briquetted iron (HBI) in Italy decreased in the week ended Thursday November 22 due to softer prices for hot-rolled coil and low demand, sources have told Fastmarkets.
Fastmarkets' import price assessment for HBI in Italy decreased to $315-330 per tonne cfr on November 22, from $345-350 per tonne cfr a week before."The workable HBI price for us depends on how strong the HRC [hot-rolled coil] market is," one steel producer in Italy told Fastmarkets.Fastmarket's price assessment for...