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18 Jul
11:14

Italian longs prices seen increasing

Italian merchant bar transaction prices are stable compared to last week, but the market is slow and it is increasingly difficult for producers to obtain the upper end of their offer range, market sources tell Kallanish. Demand for merchant bar continues to be patchy and competition from other European mills selling in Italy is very high, with no change from last week. Since last week only very few transactions for small tonnages have been agreed at €1…
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