10
Aug
11:35
Italian plate stagnates as price hikes fail
The Italian plate market has come to a standstill as the sector is shutting down for the seasonal August summer holiday. Some deliveries are still underway, but no contracts are being signed this week.
Producers pushed up their prices twice in June and July. The latest €30/tonne ($35/t) increase (see Kallanish 23 July) in July pushed asking values to the level of €480/t ex-works for the basic quality S275, with a bonus of €20/t requested for the S35…
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Anonymous
Very good overview of the weekly steel market.
Anonymous