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05 Oct

Italian plate prices weaken on uncertainty

Italian plate prices are beginning to weaken slightly on slowing demand. Plate nevertheless remains the best-performing flat product. Although fluctuating, plate demand remains relatively resilient driven by sectors such as wind power and shipbuilding, which has a backlog as well as new projects, Kallanish learns from market participants. Domestic values decreased by some €20/tonne ($19.6) this month compared to September and buyers expects values to lower fu…
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