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17 Dec
10:52

Tube discounts increase in Southern Europe

Southern European tube and hot rolled coils derivatives demand is not picking up and prices remain under increased pressure in December. On average the level of discount is increasing compared to November, market sources tell Kallanish. For Italy and France certain producers are decreasing prices by an average of €10/tonne ($11/t) on some categories while the level of discount has reached 40 points. Some distributors in Italy are even obtaining 42 points fo…
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