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08 Mar
12:55

Italian plate prices decline amid slow demand, imports

Italian plate prices are declining in some contracts amid a sluggish market. Large buyers continue to be absent and sales are being implemented only for small tonnages, sources tell Kallanish. Distributors say they are all waiting. There is low-priced imported material being offered and sold at Italian ports at the equivalent of €690-700/tonne ($765) cfr for the high S355 grade. Since mid-February, demand has become particularly quiet. Italian mills are offi…
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