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10 Mar
12:07

Price escalation disrupts Italian distribution activity

Italian distributors are facing price chaos as long products and pipe values are increasing every day. The current situation is considered unsustainable, particularly by smaller companies that have stopped purchasing at current prices. All Italian longs mills are this week either stopping their hot-end areas and re-rolling using billet stock or reducing shifts to avoid producing during peak electricity hours. Despite the current instability, distributors say they …
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