EUROPE PLATE: Domestic prices down on limited demand

September 27, 2019 / www.metalbulletin.com / Article Link

European domestic prices for heavy steel plate have moved down across the region over the past week due to low buying activity, sources told Fastmarkets on Thursday September 26.

"The market is slow and buyers expect prices to decline further," a representative of a European mill said. "Generally, the outlook is gloomy, because the situation in coil products across Europe is also pessimistic."Prices for hot-rolled coil, the material used as feedstock for production of cold-rolled coil, also dropped this week by...

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