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17 May
11:17

Italian longs producers seek €100 increases

Italian long products mills’ asking prices are increasing by a staggering €100/tonne ($121) compared to last week as the price craze has extended from flats to longs, sources tell Kallanish. After a lull last week when all Italian longs producers halted sales, new merchant bar asking prices are reaching €400/t base ex-works. Until Monday this week domestic transactions for merchant bar were at €300-350/t base ex-works. Including size extras, c…
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