Italian plate contract prices are increasing again, Kallanish learns from market participants.
Plate re-rollers are now quoting €960/tonne ($1,032) for the basic S275 grade and €1,010/t for the higher 355 grade, for April lead times, with some quoting end of April. Domestic contracts have increased to €900-960/t ex-works for S275. Because of the increasing prices of slab and energy costs, plate values are expected to continue to surge over the level…
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