Prices for some long and tube products are forecast to stabilise next month as the pace of decline is slowing, particularly for beams and merchant bars, say some Italian service centre sources. Sluggish demand for all flats, tubes and longs however continues, with buyers focusing on destocking.
Sources tell Kallanish the imminent production stoppages at Spanish beams and merchant bar mills should support Italian prices next month. Both beams and merchant bar value…
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