EUROPE PLATE: Producers target higher prices after rise in slab costs

March 04, 2021 / www.metalbulletin.com / Article Link

European producers of heavy steel plate increased their offer prices in the week to Wednesday March 3 following a rise in the cost of steel slab, sources have told Fastmarkets.

Italian re-rollers have been offering plate at ?,?670-720 ($771-857) per tonne ex-works for April delivery products. These new prices, however, have not been heard in any confirmed transactions.

As a result, Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?640-670 per tonne on March 3, up by ?,?10-30 per tonne week on week from ?,?630-640 per tonne. The lower...

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