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01 Aug
08:07

Italian merchant bar weakens

Italian merchant bar prices are weakening by €10/tonne ($11.1/t) compared to the beginning of July due to extremely low demand and negative market sentiment. Agents who spoke to Kallanish said that June and July have been difficult months as sales noticeably decreased compared to the previous months. “The first quarter and Q2 were good but June was bad and July has been disastrous. Distributors have refused to restock even minimum …
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