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26 Mar
11:50

European re-rollers may stop sales on skyrocketing HRC

Southern European welded tube re-rollers are set to again decrease their discounts for European markets shortly, market participants tell Kallanish. However, as ArcelorMittal increased coil prices again on Friday, for the third time in March, some re-rollers will be adopting a wait-and-see attitude and pausing their sales. Re-rollers say the level of demand for welded tube is accelerating in all European countries and requests for material are …
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