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09 Mar
12:07

Italian, French tube discounts rise on low demand

Italian and French welded tube discounts are increasing faster than expected due to poor demand in both countries and the lack of substantial increases in European hot rolled coil prices, Kallanish learns from re-rollers and distributors. Demand is weak partly due to seasonal factors; however, with spring coming orders should also resume, a French distributor says. While tubes discounts were at 23 points at the beginning of February, these are now soar…
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