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02 Aug
14:28

Northwest Europe plate prices dip further

Northwest European integrated mills managed to sustain their prices for commodity plate at relatively high levels into July, compared with the slides seen in Italy. Now, however, prices in the north are moving briskly towards the €1,000/tonne ($1,022) mark. Virtually all players tell Kallanish that inventories are still well-filled from purchases made in spring before prices skyrocketed after Russia’s invasion of Ukraine. Transaction activity is therefo…
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