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14 Jun
08:59

Italy tubemakers increase prices, in line with HRC

As a result of Europe’s safeguard quota revision, all Italian welded tube re-rollers are raising their prices to reflect the growing expenses related to hot rolled coil imports, market sources tell Kallanish. One HRC manufacturer in Italy is increasing pricing by €30/tonne ($32), asking for a base ex-works level of €660/tonne, as present contract rates are very close to actual costs. This is being done despite market uncertainty and slow demand. A…
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