21
Feb
10:33
Italian plate market activity slows
Italian plate contract prices are now flattening from the beginning of the month in a slowing market. This follows higher sales in January and February and producers’ price increases, Kallanish learns from market participants.
Plate re-rollers are now quoting €960/tonne ($1,023) for the basic S275 grade and €1,010/t for the higher 355 grade, for April lead times. Domestic contracts are now stable at €900-930/t ex-works for S275.
The larg…
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Anonymous
Very good overview of the weekly steel market.
Anonymous