25
Aug
09:21
Marcegaglia moves to increase welded tube offers
Italian steel supplier Marcegaglia has officially increased offer prices for welded tube as a consequence of the recovery of coil prices, Kallanish learns from a source at the company.
Effective immediately, the company will apply a discount to its sales of welded tube of 42 points, representing a further reduction from the 46 points announced at the beginning of July. The move will effectively increase prices of welded tube by some €40/tonne ($47/t) across i…
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Anonymous
Very good overview of the weekly steel market.
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