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31 Aug
14:11

Italian longs producers seek increases

Italian merchant bar and section prices seem set to increase in new September contracts. A merchant bar supplier increased its values by €50/tonne ($49.9) compared to August and is expected to be followed by other producers. The market however remains in a lull with the distribution sector in wait-and-see mode. July and August were weak months for merchant bar sales, sellers and buyers tell Kallanish. Contract prices remain stable for now on the beginning of…
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