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German mills aims for modest plate rise in Q3
04 Jun
01:00

German mills aims for modest plate rise in Q3

Plate mills in Northwest Europe are expected to seek a third quarter price rise following the general success of their Q2 increases, say traders in the region. “They will be happy if they achieve something like €5/tonne,” a trader tells Kallanish. But, there is still overcapacity, and continued pressure from East European and Ukrainian material coming in, so maybe it will end up being a roll-over, he notes. Germany’s Dillinger H&uum…
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