Italian re-rollers target higher prices, German prices stable


Italian re-rollers have been targeting higher prices for heavy steel plate because of rising costs for steel slab feedstock, while German mills have kept their offers largely unchanged.

Official offers of heavy plate from Italian producers have been heard at €620-650 per tonne ex-works.

But no deals have been concluded in this range because buyers have just returned to the market after their Christmas and New Year holidays and activity has not recovered yet.