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28 Oct
10:56

Italian longs market activity stops on lockdown fears

The Italian markets for long products and tubes have been stagnating in terms of sale activity for the past ten days, Kallanish learns from distributors and service centres. While volumes were good in the first half of the month and companies’ results in line with last year, demand has weakened significantly in recent days. Stocks are said to be low, but buyers are only purchasing small tonnages, on average one third of their usual monthly needs. They are on…
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