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31 Jan
12:07

Italian sections market reaches standoff

After Italian sections producers increased their prices by €100/tonne ($111/t) in January, sales activity became sluggish due to uncertainty involving all long finished products in Italy, Kallanish hears. The largest sections mill in the market is quoting at €670-680/t for the first category of beams. Prices increase by €20/t for each subsequent category. Contract prices at the moment are also at €670-675/t base ex-works but agents lament small…
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