29
Jun
16:40
Plate prices seem to settle in northwest Europe
The continued downward trend of plate prices in Europe could be flattening, as observers believe a relative bottom has been reached, with no further big drops expected this summer.
Prices of S355 grade at the beginning of June were already dramatically closing in on the mark of €900/tonne ($980) ex-works, which has now been reached or undercut, with a wide range still being observed. Big integrated mills in Germany and Austria are still seen charging more in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous