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02 Oct
09:34

Italian plate prices weaken in stagnating market

Italian plate prices are losing a further €10/tonne ($10.9/t) month-on-month under pressure from declining raw material and imported slab prices. Demand for plate remains low and buyers are adopting a careful approach with their purchases, Kallanish learns from distributors and service centres. The lower quality S275 material from mills now starts at €480/t ex-works or €500/t delivered. €20-25/t more is being paid for the higher gra…
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