European steel plate prices set to rise after summer lull ends

European steel producers have either already raised their offer prices or are planning to increase official prices for plate in early September, sources told Metal Bulletin on Wednesday August 30.

Despite the rise in offers, transaction prices were mostly unchanged because of the summer market slowdown. But this situation is expected to change by the middle of September as market activity recovers. The price rises will be driven principally by higher prices for slabs, supported by limited availability of the semi-finished product, according to market sources. Metal...


Maria Tanatar

August 30, 2017

18:24 GMT