Europe’s largest steel producer, ArcelorMittal, has started negotiations with customers for closing its long term (Q1, H1 and annual) contracts for CY’22, with a substantial increase, as per reports available with SteelMint. The world’s second-largest steel producer has quoted Euro 1,080/t ($1,260) delivered for hot-rolled coil (HRC) and Euro 1,220/t ($1,423) delivered for hot dip galvanized (HDG) products.
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