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02 Apr
11:05

Italian plate prices soar

Italian plate producers’ asking prices are increasing by €50/tonne ($58) in line with the fast increasing prices of new contracts and lengthening lead times, Kallanish learns from market participants. S275 now starts at €800/t ex-works on average and €25/t more for the higher 355 grade. If this level does not yet appear in recent contracts, sellers believe it will be obtained in the coming days thanks to a demand resurgence. Producers are…
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