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12 Jul
15:17

Italian merchant bar, sections prices tick up

Sources report that Italian merchant bar prices are showing a slight increase after steelmakers implemented a €30/tonne ($34) rise for July, Kallanish notes. According to multiple buyers and sellers, the market continues to be sluggish. Despite a few increases in contract prices, sales volumes remain low. Merchant bar values currently range from €290-310/t base ex-works or delivered, with slight variations depending on the contract. However, material fro…
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