The price level of 180-200 mm IPE in the local Italian market is at €630/mt ($859/mt) delivered to warehouse in northern Italy, excluding VAT.
Meanwhile, the price level of IPN of sizes up to 140 mm in the local Italian market is at €520-545/mt ($709-743/mt) delivered to warehouse in northern Italy, excluding VAT.
The decline seen in Italian domestic prices is attributed to weak demand and the high stock levels of end-users.