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17 Oct
10:01

Italian merchant bar prices continue to fall

Italian merchant bar prices are falling again week-on-week in a sluggish market, under pressure from cheaper imported product, market participants tell Kallanish. Some domestic mills are asking a base price of €60/tonne ($66/t) ex-works in Northern Italy or €70/t delivered, which are either flat or sometimes €10/t less compared to last week. Prices being offered by other European producers to large purchasing groups have fallen by €20/t …
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