Italian steel re-rollers have been targeting a price increase for heavy plate due to the rising cost of steel slab, sources told Fastmarkets on Wednesday July 22.
Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?430-440 ($493-505) per tonne on July 22, up by ?,?10 per tonne week on week from ?,?420-430 per tonne.