Building DK Electronics DK Energy DK Food DK Food SE Metal Metal DK Metal NO Metal SE Retail DK Wood DK  
 

EU - Is crisis resurfacing

- By Charlotte Stubben

Europe's debt crisis remains a major concern and is putting pressure on steel prices.

It is reported that long steel products prices in Europe are loosing ground with H Beams dropping below the mark of EUR 300 per tonne basis to EUR 290 per tonne delivered North Italy, equivalent to an effective price of about EUR 590 per tonne to EUR 600 per tonne.

Merchant bars are still holding at around EUR 230 per tonne to EUR 250 per tonne basis equivalent to an effective price of EUR 560 per tonne to EUR 580 per tonne.

Read more: Pressure eases on Tata Steel to sell off European assets

HRP prices in Italy are gradually but consistently sliding.

Even though domestic mills are officially asking for EUR 600 per tonne to EUR 620 per tonne basis EXW, they have recently booked small quantities at price between EUR 580 per tonne to EUR 590 per tonne basis delivered. On the other hand, import offers are ranging between EUR 535 per tonne to EUR 545 per tonne bases CFR FO basis.

Write Comment
Popular Articles

Sign up for our newsletter
Already 11,555 subscribers.
View the latest newsletter.
Follow us on:

See allNews from the companies

Great success for FJ Industries A/S at the Hannover Fair 2014

April 14, 2014 2:50 PM
Fj Industries A/S

FJ Industries A/S participated last week with a great looking newly designed stand.

AP&T to demonstrate press hardening at BLECH China 2014!

April 10, 2014 4:48 PM
AP&T

There will be strong focus on press hardening when AP&T exhibits at BLECH China 2014 in Suzhou May 7-9.

SVIA & Animex at Elmia Automation 6-9 may – Booth D02: 40

April 14, 2014 12:00 AM
Svensk Industriautomation AB

Visit the Automation Fair No1 in Sweden!

April 9, 2014
April 8, 2014
April 4, 2014
April 3, 2014
April 2, 2014
April 1, 2014
March 28, 2014
March 27, 2014