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09 Feb
12:41

Italian sections suppliers hold prices despite weak demand

Italian sections prices are flattening month-on-month, while sales activity is sluggish mostly due to the current high level of prices putting off buyers, Kallanish hears. The largest sections mill in the market is quoting and obtaining orders at €670-680/tonne ($766-777) for the first category of beams. Prices increase by €20/t for each subsequent category. Contract prices remain this week at €670-675/t base ex-works. Including €380-390/t aver…
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