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02 Dec
09:13

Italian merchant bar producers push up prices

Italian merchant bar mills are hiking offers by €20/tonne ($24) compared to last month, participants tell Kallanish. This is in line with increases for all long products in Italy, for which both transaction and asking values are hiking sharply due to rising domestic scrap prices. Local merchant bar producers are now asking for €110/t ($133) base ex-works for new contracts. Sales volumes were at good levels in November and most sales executives have fil…
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