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04 Jul
12:34

Italian rebar producers seek price increases

Italian rebar producers are increasing their prices by €50-60/tonne ($52-62/t) compared to last month. Demand, however, remains sluggish amid a market deadlock that is forecast to continue through July. With no change from last month, sellers are agreeing contracts for only one or two truckloads. Distributors and construction companies tell Kallanish they do not intend to stock up this month before the August holiday and do not forecast a bustling market in Sā€¦
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