Italian re-rollers are mulling price increases for welded tubes in line with hot rolled coil, for which values are said to have reached the bottom.
The welded tube market in Europe is facing a strong volume and demand contraction with prices falling to unsustainable levels. Over the next couple of weeks, some restocking is forecast due to the very low level of stocks at both distributors and end-users. Today tube discounts in Italy have reached 38 points on averag…
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