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31 Jan
11:20

Italian plate prices collapse

The Italian plate market is “… paralysed” and affected by low demand, uncertainty and falling prices, sources tell Kallanish. Domestic plate prices are losing as much as €40/tonne ($45.9/t) compared to the beginning of January. There is however a large gap between the distribution sector’s price and the mills’ prices. Mills’ material is now at €520-530/t base ex-works for the basic quality S275. It was at €560-…
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