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05 Oct
11:45

Italian longs prices flatten, market fears November fall

Italian merchant bar transaction prices are mostly stable compared to both last week and last month, market sources tell Kallanish. Transactions are still hovering at €130/tonne ($149.4/t) base ex-works but there is a new low point of the range at €120/t base ex-works for larger quantities and for imported material from European countries. This sets average transaction prices at €540-550/t ex-works, on average, down from €550-560/t of th…
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