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20 Jan
10:38

Uncertainty hits Italian merchant bar prices

The Italian merchant bar market remains in a lull after the latest increases implemented in January of €30/tonne ($34) did not stick, market participants tell Kallanish. General demand remains weak, with large distributors sometimes transacting at lower prices than producers. Today’s contracts remain at the equivalent of €500-520/t ex-works, stable on the beginning of January. Including size extras, domestic values are at €920-940/t ex-works. …
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