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15 Apr
13:04

Slow sales plague Italian longs market

Slow sales and an uneventful market are clouding Italian long products sales in April. While this is a seasonally slower month due to the Easter and 25 April bank holidays, the market seems to have stopped absorbing price increases. Demand is said to be slow for rebar, merchant bar and wire rod. Sources who spoke to Kallanish however say that March was a record month for sales and, despite April being much slower, March-April sales combined have increased compared…
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