Domestic prices for heavy steel plate in Southern Europe have decreased over the week ended Tuesday April 17, due to slow demand and a fall in slab costs, sources have told Fastmarkets.
Fastmarkets' weekly price assessment for domestic grade-S235JR heavy steel plate in Southern Europe dropped to ?,?540-565 ($610-638) per tonne ex-works on April 17, from ?,?555-570 per tonne ex-works a week earlier.The assessment reflected the deals heard in the market and offers for the material from Italian re-rollers.One of the reasons behind the domestic price decrease was a decline in import slab costs, market sources...