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05 Jul
12:05

European tube discounts to decrease again

European welded tube discounts are set to decrease this week as most large as well as smaller re-rollers are pushing up their prices. This is on account of hiking hot rolled coil values and shortages, Kallanish learns from market sources. Re-rollers are encountering difficulties in producing welded tube as their purchases over recent months have been lower due to high prices and tight global HRC supply. Tube availability is said to be tightening further in the thi…
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