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Italian plate producers are increasing prices by €50/tonne ($49.9) compared to last week due to hiking energy rates that are taking a toll on margins. A further €50/t increment may be implemented later in September, depending on energy costs and demand, Kallanish learns from market participants. After a long period of standoff, plate demand has resumed, and mills report a good level of incoming orders. Prices are quoted at €1,000-1,030/t for the bas…
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