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21 Feb
10:43

Italian distribution sees slow downstream market

The Italian distribution sector reports slow domestic demand for coils derivatives and particularly welded tubes, for which prices continue to lag behind the latest hot rolled coil price increases. Demand however is forecast to be supported by the Turkish earthquake The disaster is causing a drastic reduction of tube volumes traded into Europe. The large northern European buyers are seen purchasing their volumes only in Europe as a consequence. This shou…
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