EUROPE PLATE: Prices slide on downbeat sentiment

August 27, 2021 / www.metalbulletin.com / Article Link

Sentiment in the European market for steel heavy plate was negative in the week to Wednesday August 25 due to declines in the costs for raw materials and semi-finished steel prices, as well as slow demand, sources told Fastmarkets.

Fastmarkets' price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?920-940 ($1,081-1,105) per tonne on August 25, down by ?,?10-20 per tonne week on week from ?,?940-950 per tonne.
The assessment was based on achievable prices heard at ?,?920-940 per tonne ex-works and the lower end of offers heard at ?,?930-950 per tonne ex-works.

The corresponding price assessment for steel...

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