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26 Feb
11:32

Italian merchant bar weakens

Italian merchant bar prices are decreasing in transactions compared to the beginning of the month. They are losing €20/tonne ($22/t) and sometimes €30/t in line with declining prices for all domestic long products, Kallanish learns from market sources. Merchant bar is being sold at €50-60/t base ex-works. Including an average €420/t for extras, transaction prices for domestic material are at €470/t ex-works on average but purchas…
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