EUROPE PLATE: Domestic prices slide on poor demand

Domestic prices for heavy steel plate in Europe decreased in the week to Wednesday October 14 due to low trading activity, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe was €460-470 ($541-553) per tonne on October 14, down by €20-25 per tonne from €480-495 per tonne.
This week’s assessment was based on deals and achievable prices heard in the market. The prior assessment reflected offers reported by market sources.

“Activity still quite silent, not much demand around and very few projects,” an...

Published

Maria Tanatar

October 14, 2020

16:36 GMT

London