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Italian plate prices are increasing by some €50/tonne ($53) in late-December and early-January contracts. Sentiment in January is more optimistic than last month when prices fell below the level of €800/t ex-works for the basic S275 quality, Kallanish learns from market participants. After a difficult start in December, however, sales volumes picked up significantly over the last two weeks of the month. Sellers are reporting contracts were implemented du…
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