EUROPE PLATE: Italian re-rollers seek price increase on higher slab costs

Italian re-rollers increased official offers for heavy plate over the week to Wednesday November 18 due to rising import slab costs, sources told Fastmarkets.

Official offers for domestic heavy plate in Italy were heard at €500 ($593) per tonne ex-works, about €50-65 per tonne higher than the latest deals heard in the market.

Fastmarkets’ weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe was €435-450 per tonne on Wednesday, compared with €440-450 per tonne a week earlier. The assessment...

Published

Maria Tanatar

November 19, 2020

16:20 GMT

London