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27 Sep
11:49

European tube discounts stabilise in uncertain market

Discounts for welded tube products remain high in Europe although the market has flattened. Demand from the distribution sector is patchy and negative sentiment is hindering sales, Kallanish learns from re-rollers and distributors. The distribution sector has adopted a wait-and-see attitude in September and is refusing to replenish its stocks while purchasing only small tonnages for immediate needs. Re-rollers expect high import volumes to reach Southern Europe …
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