The prices of carbon steel medium-heavy plate in South Europe keep surging gradually by local mills owing to booming global steel market. So far, the ex-work price in Italy is around US$690/mt.
The price of imported slab in Europe also hikes by US$20/mt to about US$530/ton FOB Black Sea at present. However, it is expected that the prices in South Europe would be revised by high stocks of medium-heavy plates piled up in harbors that were purchased with low prices since last October and November. Additionally, the offer price is reported around €635/mt CIF.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63166&division=A2
