EUROPE PLATE: Domestic prices inch up on good demand

Domestic prices for European heavy steel plate moved up over the week to Wednesday June 9, supported by strong demand, sources have told Fastmarkets.

“Demand is strong and is getting stronger. German mills have healthy order books due to long-term project contracts, and spot buyers have low stocks,” an Italian source said.

“The demand for plate is quite strong, particularly due to the low stocks among buyers,” a...

Published

Maria Tanatar

June 09, 2021

17:25 GMT

London