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16 Mar
16:40

European plate balloons, availability vanishes

In Western Europe, especially Italy, plate has arguably been the product affected most by the war in Ukraine, due to the dependence of re-rollers on slab from Russia, and even more from Ukraine. The big northwestern integrated mills are not immediately dependent, but still have largely stopped making offers since the outbreak of war last month. Before that, a price upswing had already kicked in during February, but within reason, lifting even the lower commodity g…
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