23
Mar
11:32
Italian plate prices skyrocket as mills await slab
Italian plate prices have continued to escalate in recent contracts, in line with increasing slab values and energy costs. Producers are seeking strong increases for new orders but some are still not quoting, sources tell Kallanish.
Some mills are delaying orders due to disrupted slab procurement. They are waiting to receive slab bought in March mostly from the Far East. While before the Russia-Ukraine war they were quoting May lead times, delivery times now stret…
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Anonymous
Very good overview of the weekly steel market.
Anonymous