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21 Apr

Italian plate activity weakens, slab sees shortage

The Italian plate market is slightly weaker in terms of activity compared to the beginning of the month. Overall, sellers judge activity as being positive despite the quieter demand, and forecast good sales volumes in May at mostly stable prices, Kallanish notes. Italian transaction prices are slightly lower than at the beginning of the month, showing a minor €10/tonne ($10.9) decline for larger-volume contracts. A positive first quarter is being followed by …
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