16
Oct
11:11
Italian plate prices weaken in uncertain market
The plate market in Italy is very quiet in line with the general domestic price stagnation in all steel products. Plates prices however have lost €10/tonne ($11.5/t) month-on-month, Kallanish notes.
Sales volumes have been low in October as distrubutors are refusing to purchase from producers at a time of declining prices. Distributors are now purchasing from stocks for which there is plenty of material at discounted prices. Some bu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous