Increasing slabs prices and good demand support upward sentiments in Italian plate market

摘要

Plate prices keep soaring in Italy on strengthening slabs quotes and better domestic demand. The level of EUR 450/tEXW is expected to be seen already next week, and “there is more to come,” some market insiders say.In early April plate offers in Italy have increased EUR 30?40/t to EUR 420?440/t EXW base (up to 40 mm, S275JR)depending on producer. “Deals are mostly done at EUR 420/t EXW, but it is important that buyers are highly active atthis level,” a steelmaker told Metal Expert.