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10 Jun
01:00

Distributors push against producers on Italian tube price increases

Most Italian tubular products' distributors are refusing to pay the June increases announced by Padana Tubi and Marcegaglia due to the current price slide in flat products and a difficult market. Although tube is the only product where local demand is improving, distributors say they will struggle to pass on the increases to end-users and the sector is still refraining from buying. “There is tension between some buying groups and Padana Tubi…
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