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13 Dec
11:33

Italian billet prices rise

Italian domestic billet prices are increasing by €15/tonne ($16.7/t) month-on-month in line with rising scrap and long products prices, market participants tell Kallanish. Local material was sold at €360/tonne delivered on average for small tonnages last month. It is now sold at €375/t delivered. Prices, however, are seen increasing in the coming days as sellers are asking for €385/t delivered, sources suggest. The general wave of inc…
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