EUROPE PLATE: Domestic prices inch down on weak demand

August 12, 2021 / www.metalbulletin.com / Article Link

Domestic prices for heavy steel plate in Europe moved down slightly in the week ended Wednesday August 11 due to limited trading activity, sources told Fastmarkets.

Demand has been weak because of the seasonal slowdown across Europe, but this was expected to recover in September, following the traditional cycle.
In addition, competitive offers from Central Europe have contributed to the downbeat sentiment.

Fastmarkets' price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?940-960 ($1,102-1,126) per tonne...

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok