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10 Nov
12:57

Low Italian merchant bar consumption persists

Italian merchant bar transaction values continue to fall due to a structural decline in European consumption. Distributors and agents say their domestic sales have been poor in October and November but they managed to “rescue last month” thanks to other product sales such as sections and wire rod derivatives, Kallanish hears. Merchant bar values have lost some €20/tonne ($21.3) compared to last month. Export sales, however, have been stronger than…
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