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13 Feb
10:16

Italian re-rollers seek increases

Italian re-rollers are in the process of decreasing tube discounts. Some intend to accelerate the price increase with the objective of catching up with hot rolled coil prices hikes. Welded tube values in Italy and the rest of Europe are lagging behind HRC values by some €50/tonne ($53), sources in the market tell Kallanish. While demand remains patchy, depending on end-user sector, welded tube prices continue to increase by one or two points per w…
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