Market sources, however, did not have a clear outlook for the near future.
“Sentiment is quite neutral now - there are lots of uncertainties,” an Italian re-roller said. “There are factors weighing in both directions and, as a result, prices are stable.”
Heavy plate prices jumped by €70-100 ($79-112) per tonne at the start of November
due to the rise in energy costs. That increase was followed by a degree of negative price correction, but prices still remained high.
Healthy demand has been supporting domestic prices, but buyers...