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09 Jun
11:07

Italian coil, derivatives seen increasing after safeguard announcement

The looming EU safeguard announcement is beginning to discourage buyers from purchasing from the import market. Following the expected safeguard extension, sources believe prices for European coil and its derivatives, such as sheet and tube, will start climbing again. EU safeguard measures are expected to be extended for one year from the beginning of July. According to rumours, the measures could be extended for a period of one year with an increase of tax-free q…
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