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25 Apr
15:00

Italy expects mild price hike wave in May

A wave of price increases across all steel products is expected in Italy in May, in line with most steelmakers’ intention to push up values of both long and flat products, several mill sources confirm. This, a necessary move to maintain margins, is however happening against the backdrop of unchanged, weak consumption downstream and buyers’ refusal to pay high prices. The move may stop some product prices from falling and, in some cases, preserve stabil…
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