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09 Feb
11:34

Italian plate activity suffers on low demand

Italian heavy plate prices are stable compared to the end of January, but the market remains quiet and producers are struggling to push up values, Kallanish learns from market participants. Because of uncertainty and low price visibility, large buyers are limiting their purchases and have enough stock to avoid buying for the next two weeks. Demand remains sluggish, say mills, who are only selling limited tonnages of between 1,000-2,000 tonnes. Producers are nevert…
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