In the recent half a month, the carbon steel plate price kept stable on the Italian market.
Since the end of July, the transaction volume increased thanks to the rebounding demand for replenishing the stock and some end users.
Although, the stock of local service centers stayed at a low level, most market participants have already begun to purchase the material for September and October.
In addition, the local mills are not willing to cut the price. Most producers offer USD 570 per tonne, USD 663 per tonne and USD 637 per tonne ex. mill for HRC, CRC and hot dipped galvanized steel currently.
However, it still needs time to see how long the rebounding situation would last.
Meanwhile, after several sluggish months, most people are holding an optimistic towards the market trend.
Just like you, 70% customers choose long-term cooperation with BBN steel not only for our good product and service quality, good reputation in the international market, but also for our experienced one-stop raw material supply and further steel processing!
