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11 Sep
01:00

Large Q4 variations, as Ukraine crisis ramps up W EU plate price

The conflict in eastern Ukraine is providing strong support to Europe’s platemakers, who have succeeded in raising fourth quarter prices, market sources tell Kallanish. While EU mills are struggling to achieve meaningful Q4 price increases for coil – which appears to be largely unaffected by Ukrainie’s mill stoppages – this is not the case for heavy plate, says one trader. Plate prices increases since the summer have ranged from €2…
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