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09 Oct
10:33

Marcegaglia to increase welded tube prices again

Italian re-roller Marcegaglia is pushing up prices again for its welded tube products, Kallanish learns from the company. This adds to a first round of increases implemented this month as Marcegaglia together with other re-rollers are cutting discounts to the level of 38 points (see Kallanish 22 September). Each point is equal to approximately €10/tonne ($11). By the end of October, the company intends to further decrease the current level of discount to 35-…
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