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23 Oct
11:26

European welded tube discounts to fall

Welded tube orders from stockists are slowly resuming in most European countries such as Italy, Spain, Germany and France, re-rollers tell Kallanish. This is pushing companies to further reduce discounts as of this week. Until last week discounts were at a level of 26 and 27 points in Western and southern Europe. The market saw peaks of 29 points especially in certain southern Italian regions where demand remains weak due to economic stagnation. Both larger and …
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