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07 Aug
11:27

Italian merchant bar prices fall again

Prices continue to decline in the Italian merchant bar market, with July confirmed a bad month for sales volumes, Kallanish learns from agents and distributors. Prices for the majority of contracts are at €30/tonne ($35/t) base ex-works on average from local producers, but contracts were also agreed last week at €25/t ex-works. Including an average €420/t for extras, transactions for domestic material are at €445-450/t ex-works on ave…
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