EUROPE PLATE: Italy lockdown deters buying in domestic market

Domestic prices for heavy steel plate decreased across Europe in a slow market after Italian authorities enforced a country-wide travel ban, sources told Fastmarkets on Wednesday March 11.

Fastmarkets’ weekly price assessment for steel domestic plate, 8-40mm, exw Northern Europe was €505-520 ($573-590) per tonne on Wednesday, down by €5 per tonne week on week from €510-525 per tonne on March 4. The assessment was based on transactions and offers heard in the market.

The corresponding weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe was €475-490 per tonne on Wednesday, down by €5-10 per tonne week on week from €480-500 per tonne. The assessment reflects deals and offers...

Published

Maria Tanatar

March 11, 2020

17:31 GMT

London