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19 Mar
11:14

French plate shortage continues, Italian prices hike

The short supply of French heavy plates is hampering sales and slowing the market. The current shortage is connected to coil's limited availability and the priority given from the country’s largest steelmaker to coil-making from slabs, distribution sources tell Kallanish. Prices for plates have been pushed up steadily over the past weeks in France and grade S275 is being sold by distributors at over €800-810/tonne ex-works ($951-963/t). “I se…
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