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European steel plate market temporarily remains steady

It is understood that European steel plate market procurement remained weak, buyers only to purchase necessary quantity, therefore, steel mills to keep their prices offer steady.

Although the market activity is limited, but the European steel mills still maintain price steady, the delivery led-time is expected for June-July of this year.

There are two northwest European steel mills will try to increase prices in May. However, buyers are not optimistic about the future price trend, and expected to fall in the next few weeks, especially the current hot-volume market remains weak.

source: yieh

Apr 29, 2017 11:47
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