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26 Feb
08:51

Southern European tube and flats' prices increase

Italian tube-maker Marcegaglia is increasing prices by €30/tonne ($33/t) on all its products and in all European countries starting today, ceo Antonio Marcegaglia tells Kallanish. All other local flats producers such as Arvedi and Ilva are increasing prices as of today, sources confirm. This is due to the company paying higher prices for its raw materials and hot rolled coil. Prices for the latter have increased by €30/t on average compared t…
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