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09 Oct
10:15

Italian plate market weakens on uncertainty

Italian plate prices are losing a further €10/tonne ($10.9/t) compared to the early October under pressure from declining raw material and imported slab prices. Demand for plate remains patchy and buyers are purchasing only for their immediate needs, Kallanish learns from distributors and service centres. The lower quality S275 material from mills now starts at €470/t ex-works or €490/t delivered. €20-25/t more is being paid for the high…
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