23
Apr
10:28
Italian tube mills increase prices
Some Italian welded tube re-rollers are increasing prices by €30/tonne ($32). This is in line with European hot rolled coil mills’ intentions to also increase values by €30/t for new, May contracts.
Welded tube values have gone down to unsustainable levels given the cost of production and raw materials. The move implemented this week is meant to help producers establish a sustainable level, although the increase is not enough to secure margins, mar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous