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01 Apr
11:36

Shortage, high prices continue for Italian longs

Limited quantities of merchant bars are being allocated to customers as demand is currently exceeding supply. Sections and wire rods are also troubled by limited supply and strong domestic and export demand, market participants tell Kallanish. Apparent steel demand, or buying to fill stocks, returned to the market in March when sales and sales prices were reported to be strong with demand from both distribution and end-users remaining tense. While both merchant ba…
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