EUROPE PLATE: Domestic prices rise in Italy, re-rollers push for further increase

Domestic transaction prices in Italy for heavy steel plate have continued to rise and re-rollers have announced further price increases due to high slab costs, sources told Fastmarkets on Wednesday July 29.

Fastmarkets’ weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was €445-450 ($522-528) per tonne on July 29, up by €10-15 per tonne week on week from €430-440 per tonne.
The assessment was based on deals heard in the market.
Official offers, in the meantime, have been heard at €470-480 per tonne ex-works.

“Plate prices in Italy have risen steeply in the past two weeks. Slabs have been marketed at $410-415 per...

Published

Maria Tanatar

July 29, 2020

13:00 GMT

London