Italian re-rollers have been targeting higher prices for heavy steel plate because of rising costs for steel slab feedstock, while German mills have kept their offers largely unchanged, sources told Fastmarkets on Thursday January 14.
Official offers of heavy plate from Italian producers have been heard at ?,?620-650 ($755-792) per tonne ex-works. But no deals have been concluded in this range because buyers have just returned to the market after their Christmas and New Year holidays and activity has not recovered yet."Demand is slowly restarting after the holiday break, and will pick up in several days," an...