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28 Mar
16:38

Plate outlook improves: Salzgitter’s Groebler

Salzgitter says 2023 has started better than anticipated. The firm expects healthy performance on flat products sales this year, but is more cautious regarding long products. During a call with analysts on Monday, chief executive Gunnar Groebler said he was happy with the development of commodity-grade hot rolled coil prices, which he said have moved from “south of €700/tonne [$759] to €850 now”.  He was particularly upbeat about plate, …
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