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The spectre of a plate shortage that hit the market north as well as south of the Alps after Russia’s attack on Ukraine seems a thing of the past. For commodity grades, availability is given, and prices keep softening. Over the course of June, northwest European integrated mills have brought down their offers for S355 to €1,500/tonne ($1,568) delivered, a drop of easily €200-300 since May. “The range is now between €1,500 and €1,600…
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