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24 Jan
11:02

Italian distributors warn of low merchant bar sales

While merchant bar prices remain stable in Italy compared to the previous week, demand was particularly low last week, distributors tell Kallanish, describing the market of the past ten days. Contract prices have increased in transactions month-on-month by €20/tonne ($22/t) on average in line with costlier scrap. Merchant bar is being sold at €70-80/t base ex-works or €90-95/t delivered in the north of the country. Including an averag…
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