EUROPE PLATE: Domestic prices stable despite producer bullishness

European heavy steel plate prices were fairly stable in the week to Wednesday September 16, with steelmakers insisting on higher offers due to high costs for raw materials and semi-finished products, sources have told Fastmarkets.

Fastmarkets’ weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was €480-500 ($570-593) per tonne on September 16, compared with €485-500 per tonne a week earlier.
The assessment was based on “workable” prices heard at €480-485 per tonne ex-works and the lower end of official offers reported at €500-510 per tonne ex-works.

“Offer prices in Italy...

Published

Maria Tanatar

September 16, 2020

18:35 GMT

Dnipro