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25 Mar
10:12

Italian plate prices soar

Italian plate prices are seen increasing by €40/tonne ($47) in April as contract values keep hiking and lead times from all producers are stretching, Kallanish learns from market participants. S275 now starts at €710/t ex-works on average in producers’ asking prices and €25/t more for the higher 355 grade. S275 contracts are reaching €690-710/t ex-works on average. The low point of the range is obtained for larger tonnages. Buyers are pay…
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