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23 Jan
12:06

European welded tube prices increase

Welded tube values in Europe are set to increase, in line with higher contract prices and quotes for hot rolled coil. Tube prices have increased compared to December, as discounts were reduced by 2 or 3 points in Western Europe, but the increases are slower compared to the price hikes seen for HRC. Re-rollers and distributors in Italy and France say that demand remains fragile from some sectors such as automotive and appliances where consumption is now considerab…
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