EUROPE PLATE: Domestic prices rise further on higher slab costs, limited spot supply

April 22, 2021 / www.metalbulletin.com / Article Link

Domestic prices for European heavy steel plate increased again in the week to Wednesday April 21, supported by rising slab costs and a redirection of plate supplies from the spot market to projects, sources told Fastmarkets.

Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?840-850 ($1,012-1,024) per tonne on April 21, up by ?,?30-40 per tonne from ?,?800-820 per tonne a week earlier.
The assessment was based on transactions and achievable prices heard in the market.

Due to the rising slab prices, Italian re-rollers have already started...

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