Domestic prices for heavy steel plate in Europe have been largely unchanged over the past week, supported by lack of competitive import offers, sources told Metal Bulletin on Wednesday 23.
"Current exchange rates makes importing unattractive for buyers," an Italian source said.The euro has lost about 2.01% against the dollar since the beginning of May, according to exchange rate service Oanda.The low number of competitive import offers kept domestic prices stable despite limited trading activity and a decline in slab prices. In Southern Europe, the weekly price assessment for...