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01 Feb
11:32

Italian longs prices flatten in uncertain market

Italian long steel prices are flattening this week against the backdrop of a very slow market hampered by uncertainty, sources tell Kallanish. Merchant bar values are stable on January but under pressure from cheaper material coming from Spain. Distributors and end-users continue to buy small tonnages regularly and sometimes put off their purchasing decisions by a week, hoping sellers will give them some discount. Despite the exasperatingly small quantities for …
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