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03 Feb
Welded tube values in Italy are increasing gradually but still lagging behind hot rolled coil values by at least €60/tonne ($65), sources in the market tell Kallanish. Compared to December, discounts have been reduced by some 4 points. Demand picked up in January and continues to sustain after a quiet fourth quarter. Sales are happening each week for relatively small tonnages, with a constant order flow reported coming from distributors. Sales volumes were gā€¦
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