Italian plate prices flat, unlikley to increase soon

摘要

Italian plate prices have stabilized in March, following a EUR 20/t jump in lateFebruary. The market is absorbing new prices with difficulties, so further uptrend isquestionable.In the second half of March, S275JR plate was traded in Italy at EUR 555?570/tEXW, delivery in late April and May, versus EUR 560?570/t EXW two weeks ago.Most deals were still closed at the bottom end of the range as “EUR 570/t EXWwas quite difficult to get,” a re-roller told Metal Expert.