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25 May
11:48

Italian plate market stagnates despite limited output

The Italian heavy plate market continues to stagnate this week. While prices are adjusting downwards, transactions remain limited and the true market level is therefore difficult to ascertain. Only some small-tonnage contracts are being implemented for back-to-back purchases, sources tell Kallanish. Both producers and distributors continue to lament an almost complete lack of demand. Buyers are focusing on selling their stocks. Those distributors and service centr…
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