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14 Mar
11:54

Sluggish Italian HRC/tube demand causes concerns

A “… stagnation” in flat product and tube prices persists in Italy where sales and prices for both tube and sheet have both progressively slowed in February and March. This is due to a heavy fall in demand, especially for tubular goods for which prices are rapidly dropping. The market for hot rolled coil, sheet and tube is “… stalling” with falling volumes and small tonnage sales. This is mainly due to a process of destockin…
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