It is understood that European steel plate market procurement
remained weak, buyers only to purchase necessary quantity, therefore, steel
mills to keep their prices offer steady.
Although the market activity is limited, but the European steel mills still maintain
price steady, the delivery led-time is expected for June-July of this year.
There are two northwest European steel mills will try to increase prices in
May. However, buyers are not optimistic about the future price trend, and
expected to fall in the next few weeks, especially the current hot-volume
market remains weak.
source: yieh