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21 Mar
08:31

Reducing discounts proves tough for European tube re-rollers

The European tube market has quietened with some re-rollers struggling to recover the increased prices that they are paying for European hot rolled coil, they tell Kallanish. Following a move to decrease discounts in the first week of March, producers have not achieved their hoped-for result. Due to market uncertainty buyers have adopted a wait-and-see policy with the consequence that demand for welded tube in Italy, France, Germany, Spain and Benelux remai…
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