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05 Oct
09:21

European tube prices fall in sluggish market

Italian stagnating demand for hot rolled coils and flat products has significantly slowed the market for welded tubes as prices quickly decrease for most grades, re-rollers and buyers tell Kallanish. European welded tube discounts that increased throughout the continent in June and July are now reported to be in the process of weakening following a lull that caused poor sales, particularly over latter half of September. The standoff comes mainly from the distribut…
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