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23 Nov
09:09

Italian plate sales resume after lull

The Italian plate market is becoming dynamic again after a month of quiet, slow sales and lowering prices. Producers are now asking for €30/tonne ($35) increases compared to the beginning of the month. Sales have resumed in recent days and large tonnages have been booked, Kallanish learns from sources. Prices are forecast to increase again before the end of the year, mainly driven rising values of imported slab, which is now pegged at $520/t cfr Italy. In Nov…
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