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29 Mar
10:17

Italian merchant bar weakens

The low point of the range for domestic merchant bar prices has fallen by €10/tonne ($11.2/t) in Italy compared to the beginning of March. However, the sales agents and executives who spoke to Kallanish have also managed to sell at the high point of the range, depending on customer payment terms and tonnages. Base prices for domestic merchant bar are now between €100-110/t ex-works, or €520-530/t ex-works in transactions. This is due to …
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