Finished product prices have been increased by euros 200/t since the beginning of the year and may increase further in coming months.

Marcegaglia's Contino bright and drawn bar plant and its Boltiere cold drawn tubes plant suffered most in the economic downturn, but are now achieving "record" output and deliveries.

Its Graffignana plant, which produces construction equipment, however is still performing poorly; the company comments that is due to continued recession in construction