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28 Nov

Celsa, other EU producers increase longs prices

Spanish long steel producer Celsa is increasing prices in Europe for all its long products by €30/tonne ($32) due to high processing costs and increasing raw materials prices, several European customers confirm to Kallanish. European clients are registering a wave of increases also from other large and smaller longs producers in Europe, justified by unsustainable costs. While consumption remains weak, prices are seen rebounding and remaining at high levels in…
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