Steelmakers have also been targeting further price increases, sources said.
Fastmarkets’ weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe
was €740-760 ($879-903) per tonne on April 7, up by €20-30 per tonne from €720-730 per tonne a week earlier.
The assessment was based on transactions heard in the market and achievable prices estimated by market participants. The region’s steelmakers, in the meantime, have pushed offers up to €800 per tonne ex-works.
Fastmarkets’ price assessment for steel domestic plate, 8-40mm, exw Northern...