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28 Jun
10:38

Demand remains weak for European tube

The tube market in western European countries has been stagnating over the past two weeks, buyers tell Kallanish. The €10/tonne ($11.3/t) hike seen in May is being surrendered as orders from the distribution sector last week were "... rather poor" last week. The level of discount in France, Italy, Germany and Benelux is hovering at around 42-43 points while some re-rollers are trying to resist at 40-41 points. Each point of d…
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