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29 Apr
09:40

European welded tube prices decline

European welded tube prices are sliding, in line with declining values of hot rolled coil. A similar demand slowdown has been noticed by re-rollers in all European countries despite demand from some end-use sectors remaining bullish, distributors and re-rollers tell Kallanish. Prices for welded tube are forecast to continue sliding in the coming weeks amid a general steel price adjustment in Europe. This adjustment, however, may entice buyers to purchase at more r…
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