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10 Jul
06:36

European tube discounts reduce as demand see-saws

European tube discounts are falling following some market stagnation and low sales volumes in May and June. Demand is seen as continuing to fluctuate and therefore as remaining uncertain. The nominal increase in tube prices therefore is happening as hot rolled coil prices increase across Europe Kallanish learns from sources. Tubes discounts in Italy are at 35 points but last week the purchasing groups in the country were obtaining 37.5, sources suggest…
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