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17 Jul
11:30

Italian plate prices decline in quiet market

Italian heavy plate prices have experienced a decrease of €40/tonne ($43.7) compared to last month for S275 and S355 grades. Sources tell Kallanish the market is currently stagnant and customers of all sizes are displaying a hesitancy to make any moves. Various buyers took advantage of competitive import prices in June, resulting in a decline in local sales volumes. Last month, the cost of Asia-origin material was at around €610-620/t cfr Italy…
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