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09 Dec
11:50

Italian plate prices keep lagging behind

Italian mills’ plate quotes are increasing to the level of €580/tonne ($703) ex-works for the basic S275 grade. This is due to the high cost of slab and follows a period of relative stagnation of local plate prices and sales volumes. Some producers are still at €560/t ex-works, Kallanish learns from sources. Activity is improving but demand remains uncertain and plate is lagging behind the increases seen for all other steel products. Plate tra…
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