22
Dec
11:44
Italian producers lament plate prices’ slow rise
Italian plate mills have increased quotes, but contract values keep lagging behind. Despite demand increasing in December, values remain at below €600/tonne for S275 grade.
The majority of contracts are now at €580/t ($709) ex-works on average for the basic S275 grade. A few sales happened at €600/t but for very small tonnages. The high cost of slab has pushed mills to ask for between €600-640/t ex-works despite the slowdown in local sales volu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous