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16 Dec
10:08

European tube prices to increase

Welded tube values in Europe are set to increase, in line with higher contracts and quotes for hot rolled coils. Tube prices are said to have reached rock bottom with Italian re-rollers implementing price increases already for December and reducing discounts, re-rollers and distributors in Italy tell Kallanish. The price fall for tubes has accelerated over the past three weeks bringing some values below sustainable levels. Over the past two weeks however, large bu…
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