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16 Sep
10:55

Italian welded tube standoff continues amid high costs

Italian demand for welded tube remains weak this month as the sector’s activity has not properly resumed after the August summer break. Distributors and end users are put off from restocking by uncertainty and continue to purchase only back-to-back. Despite apparent demand now being almost completely absent, re-rollers in Europe are mulling some price changes. “The cost structure of welded tubes will have to evolve. New prices will be impacted by the h…
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