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25 Nov

Italian plate prices flatten

After falling in November, Italian plate prices are now flattening on-week but demand is persistently slow, Kallanish learns from market participants. Due to the current economic uncertainty, customers are adopting a wait-and-see attitude and even large buyers are purchasing lower volumes compared to usual. Sellers believe plate is suffering from the negative influence of all other steel products and argue that the current gap between S275 grade and hot rolled coi…
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