EUROPE PLATE: Domestic prices still under pressure from slow trading

Domestic prices for heavy steel plate in the European Union have been under pressure in slow trading conditions, sources said.

Buyers are largely out of the market - they have shown little interest in buying substantial volumes of plate because they still have sufficient material in stock, market sources told Fastmarkets MB. Still, Fastmarkets MB’s weekly price assessment for domestic grade-S235JR heavy steel plate in Southern Europe at €530-540 ($603-614) per tonne ex-works on January 23 was unchanged over the week. Italian re-rollers have been mainly offering...

Published

Maria Tanatar

January 24, 2019

12:17 GMT

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