03
Jun
15:19
Plate remains weak in northwest Europe
Prices of heavy plate from northwest European mills have not gained strength, with some sources saying they have in fact noticed further softening in recent weeks.
“The market keeps getting softer, mills are, so-to-speak, flexible, and willing to reconsider prices in negotiations,” a northern German buyer tells Kallanish. Sales nevertheless remain weak and buyers reserved, he adds. “The eight has fallen,” he notes, meaning S355 grade plate …
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Anonymous
Very good overview of the weekly steel market.
Anonymous