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11 Apr
11:21

Italian rebar makers seek increases

Italian rebar makers are seeking €30-40/tonne ($32-42) increases amidst a stagnating market. Compared to last week however domestic contracts are stable as buyers have not yet agreed to pay the hikes, market sources tell Kallanish. Several mills will implement production stoppages in the last week of April for the two bank holidays of 25 April and 1 May, balancing demand and supply. A distributor confirms he is adopting a wait-and-see attitude and refusing to…
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