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17 May
13:26

European welded tube prices continue decline

European welded tube prices have continued to slide in recent days, in line with declining values of hot rolled coil, distributors and re-rollers tell Kallanish. The price decline for welded tube has not been as significant as for HRC. Values for certain grades are holding because of continued disruptions in the supply chain. Tube discounts have reached 16-18 on average, depending on country. In Italy, the market is said to be particularly sluggish, with some pess…
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