EUROPE PLATE: Southern European prices stable despite slow demand

Domestic prices for heavy steel plate in Southern Europe have been largely stable over the past week despite a slowdown in market activity, sources told Fastmarkets on Thursday March 21.

Fastmarkets’ weekly price assessment for domestic grade-S235JR heavy steel plate in Southern Europe was €555-570 ($631-648) per tonne ex-works on March 20, compared with €550-570 per tonne ex-works last week. The assessment reflected deals and offers heard in the market. “Demand has weakened over the past 7-10 days, possibly due to high prices. But I do not expect huge prices moves in the...

Published

Maria Tanatar

March 21, 2019

19:28 GMT

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