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01 Mar
11:02

Italian long steel prices weaken amid uncertainty

The Italian long steel market deadlock is deepening. Values are reported to be falling for merchant bar, while the main issue for February business was stagnating demand and total lack of apparent demand, sources tell Kallanish. While January was not such a bad month for merchant bar sales, February was very quiet and sales objectives were not reached. The distribution sector continues to buy back-to-back or not buy at all in some cases, using stock to satisfy the…
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