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...