Domestic prices for European heavy steel plate increased again in the week to Wednesday April 7, supported by higher slab costs and lower supply for spot buyers, sources told Fastmarkets.
Steelmakers have also been targeting further price increases, sources said.
Fastmarkets' weekly price assessment for
steel domestic plate, 8-40mm, exw Southern Europe was ?,?740-760 ($879-903) per tonne on April 7, up by ?,?20-30 per tonne from ?,?720-730 per tonne a week earlier.
The assessment was based on transactions heard in the market and achievable prices estimated by market participants. The region's steelmakers, in the meantime, have pushed offers up to ?,?800 per tonne ex-works.
Fastmarkets' price assessment for steel domestic plate, 8-40mm, exw Northern...