EUROPE PLATE: Domestic prices slide on poor demand

Domestic prices for heavy steel plate in Europe have decreased over the past week due to poor demand, sources told Fastmarkets on Wednesday May 6.

Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Northern Europe was ?,?480-490 ($522-532) per tonne on May 6, down by ?,?10 per tonne from ?,?490-500 per tonne on April 29.
The assessment is based on lower offers heard in the market. Official offers have been reported to reach ?,?500 per tonne, but buyers were unwilling to accept this price.

The corresponding weekly price assessment for steel domestic plate, 8-40mm,...

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