It's reported that European market expected to remain sluggish due to weak demand at this moment. The European thick plate market fell back after a briefly price rising in previous. Meanwhile, the northern European plate price has dropped about €10-20/ton EXW and the local market remained stable. In southern Europe, the transaction price of plate has also dropped by €5-10/ton. In the meantime, the European local steel price remained flat due to weak demand with uncertainty. However, the market can be improved once the demand has been recovered in near future.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64832&division=A2
