EUROPE PLATE: Plate prices slide in Italy on lower slab costs, competitive imports

Domestic prices for heavy steel plate in Italy moved down in the week ended Wednesday July 28 due to lower slab costs and competitive imports, sources have told Fastmarkets.

Fastmarkets' price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?950-970 ($1,122-1,145) per tonne on July 28, down by ?,?15-20 per tonne from ?,?970-985 per tonne on July 21.
The assessment was based on deals and offers heard in the market.

Heavy plate in Southern Europe is produced mainly by...

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