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03 Dec
10:19

Marcegaglia increases tubes prices in Europe

Italian re-roller Marcegaglia is cutting tube discounts in Europe starting from January, a company representative tells Kallanish. This is in line with the recent €20/tonne ($21/t) increases on all flat products announced by the company few weeks ago. “The euro/dollar exchange translates for us into a €20/t increase on our raw material. We also registered an improved demand from mid-November with some ongoing tube restocking across Europe,”…
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