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08 Nov
11:44

Northwest European plate prices remain under downward pressure

With low demand persisting in the northern European heavy plate market, observers offer different interpretations and conclusions on its impact on pricing. Northwest European producers’ quotes remain soft but have not collapsed across the board. The picture is split, a source at one mill tells Kallanish. He notes that delivered offers for S355 have now undercut the previous lower limit of €800/tonne ($854), in the case of one German mill even significan…
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