02
May
10:38
Italian plate prices flatten, demand weak
The Italian heavy plate market continues to be subdued, with orders weak and mostly back-to-back. Sources however tell Kallanish that prices have reached bottom and a possible uptick may materialise in May.
Both mills and distributors continue to report weak consumption, with large buyers absent from the market after purchasing cheaper imported material. Asian-origin quotes continue to compete with domestic prices. Multiple buyers say they have received quotes fro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous