31
Jul
15:50
Northwest Europe plate holds steady, outlook not optimistic
The price level quoted by northwest European plate mills at end-June has receded only slightly since, following months of freefalling. However, the stability does not mean an optimistic outlook, as there is no rebound in sight.
Sources from mills as well as buyers see the pricing floor from regional mills at €850/tonne ($937) ex-works for S355 grade plate, with offers from integrated mills inching more towards €900. “That is the range where it has …
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Anonymous
Very good overview of the weekly steel market.
Anonymous