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15 Nov
11:27

Italian long products suffer as demand falters

The long products’ market remains quiet in Italy with few orders for most domestic producers. This is because the distribution sector is delaying purchases due to poor demand from end-users, Kallanish learns from distributors and agents. While prices are stable month-on-month for most long products in an uncertain market, basic quality wire rod has declined by €5/tonne ($5.6/t), although the high point of the range remains stable compared to October. …
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