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Heavy plate prices are rising in Italy

Heavy plate prices in Italy increased by the end of last week, while trading activity slowed down.

Heavy plate prices are rising in Italy

Southern European heavy plate prices were recorded to have increased by EUR5/mt to EUR770/mt ex-Italy this week. Sources indicated that heavy plate was traded at EUR760-780/mt ex-Italy.

Some sources, on the other hand, remained cautious about the slowdown in the market. At the end of last week, heavy plate prices in Northwest Europe were reported EUR10/mt lower on the week, reaching EUR830/mt ex-Italy.

German heavy plate offers were reported to be in the range of EUR 810-850/mt. Northwest European company sources assessed prices at €800-850/mt ex-Italy, while Central European suppliers reported prices of €800/mt.

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