EUROPE PLATE: Trading activity cools off, buyers hold back

Trading activity in the European heavy plate market slowed in the week to Wednesday June 16 and buyers stayed in wait-and-see mode, sources told Fastmarkets.

“We have almost zero buying and zero selling activity this week,” a German distributor said.
Availability is also limited from European suppliers.
“The delivery time from German steelmakers is October-November. On top of that, Salzgitter is facing some production difficulties,” an Italian source said.

German producers in particular have...

Published

Maria Tanatar

June 17, 2021

12:09 GMT

London