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25 Nov
12:17

European tube prices bottom, re-rollers prepare increases

Welded tube values are reaching rock bottom with southern European producers preparing price increases for December, re-rollers and distributors in Italy tell Kallanish. The hike will follow the price increase seen for hot rolled coil. “Our [HRC] suppliers are beginning to change their attitude, becoming less inclined to negotiate or commit for a longer period of time,” a re-roller comments. Another says he feels his bargaining power has been reduced w…
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