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22 Feb
10:15

Discounts lower in Italian and French tube markets

Welded tube prices are rising in transactions by €20-30/tonne ($22.6-34/t)  in Italy and France, distributors and re-rollers tell Kallanish. As HRC prices surge in Europe, tube makers in Italy implemented a decrease in discount of 3 points 10 days ago. Each point of discount is equal to €10/t. Marcegaglia has decreased its discount levels to 38 points, the company confirms to Kallanish. The current level of discounts in It…
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