Domestic prices for heavy steel plate in both North and South Europe have declined over the week due to poor trading and lower slab costs, sources told Fastmarkets on Wednesday October 3.
Fastmarkets MB's weekly price assessment for domestic grade-S235JR heavy steel plate in Southern Europe moved down to ?,?580-590 ($670-681) per tonne ex-works on October 3, from ?,?585-595 per tonne ex-works a week earlier.The assessment represented transactions, while official offers have been heard at ?,?590-600 per tonne ex-works."Demand is not good and slab prices moved down, which added even more pressure...