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22 Jan
09:34

Italian billet prices increase except for export

Italian domestic billet prices are increasing by €10/tonne ($11/t) month-on-month in line with increasing offers for long products, market participants tell Kallanish. Local material is now at €390-395/t delivered or €385-390/t ex-works. Italian billet is also being offered to Northern Africa and other Mediterranean countries at €400/t fob. However, at this price no contract has yet been signed, traders say. Sources believe that prices for dom…
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