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23 Jul
09:08

Marcegaglia increases plate prices: sources

Italian re-roller Marcegaglia is to increase plate prices by €30/tonne ($34/t), informed sources tell Kallanish. The company is also implementing increases across its range of tube products on account of costlier hot rolled coil and some demand improvement (see Kallanish passim). The current increase is mainly due to the substantial hike in imported slab prices, which CIS producers are offering at $415/t cfr Italy for larger tonnages and $5/t more for small…
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