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18 Feb
12:14

Italian plate contract values increase following producers' hikes

Italian heavy plate contract prices are gradually but steadily climbing following the latest hikes announced by mills, Kallanish learns from buyers and sellers. Demand for S235, the very basic grade, and premium 355 grade, throughout Europe remains sustained. Plate mills are quoting lead times in Italy for the beginning of the second quarter. Domestic plate contracts have attained the level of €1,000/tonne ($1,136) for S235, with €50/t extras for t…
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