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Italian plate import market non existent

It is reported that plate import market in Italy is basically not existent at present.

As per market information, most business is done by Italian domestic re rollers who sell at approximately EUR 470 per tonne delivered to customers with payment term at 60 days.

Thus import business is only possible if import price is substantially lower than domestic one.

Just to illustrate how slow the plate market in Italy, a market report said that one of the domestic plate reroller had about 100.000mt HRP on stock in December end, which is almost equivalent to their usual full year turnover of plates.


Feb 3, 2009 12:52
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