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24 Mar
11:23

Italian merchant bar prices flatten

Italian merchant bar prices are stable compared to the beginning of March. Transactions remain at €230-250/tonne ($272-295) base ex-works. One producer is asking for €260/t but very few contracts have been agreed at this price. Including size extras, merchant bar transactions are currently at €650-670/t ex-works, sources say. Despite a quiet first ten days of the month, agents have managed to reach their objectives in March and volumes remain…
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