European
steel mills plan to raise plate prices after the summer, is expected to raise
prices in September this year, although the prices are expected to rise, but
the market is still quiet.
European service center said that the European Commission started anti-dumping
investigations on import of hot rolled coil, which leads price less
competitive, local steel prices and the import prices are differential narrowed
further However, the steel orders situation improves, is the reason for the
rises.
Currently, European service center received offer from mills are expected to
raise €10/ton, show that steel mills are ready to prepare to raise prices,
price increases will also offset the market fall since the end of May this
year.
Source: yieh