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Stefana raises beam and merchant bar prices
Stefana, Italian steel long producer announced to raise the prices of beam and merchant bar by US$38~US$50/ton for its domestic market for May.

The rise in energy costs and logistical costs has forced the company to make such decision.

However, industry sources said that it will take times to see if this measurement can be succeeded as the market is very weak.

News Date 5/17/2012 9:04:34 AM reported by Jessica Tai
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