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11 Aug
13:00

Italian longs prices flatten on low consumption

Italian long products orders for September delivery are said to be extremely low. This follows a subdued July for sales, when suppliers reported an almost complete market deadlock for merchant bar, wire rod and beams, with zero restocking and a wait-and-see mood prevailing. “Sales for merchant bars and sections have been a disaster over the past weeks. We have very few orders for September and sales figures for May-July are very bad. Nobody has managed to in…
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