It is reported that steel prices n Europe are going down and down as customers around EU are restricting purchases only to the day by day need, with volumes drastically decreasing.
For some products like HRC, domestic mills in Italy didn't succeed to implement price increase of EUR 30 per tonne and as a result price is edging clearly below EUR 500 per tonne mark.
Similar is the situation with steel plates which is still resisting around EUR 600 per tonne level but some domestic producers are already offering stock availability at prices around EUR 580 per tonne to EUR 590 per tonne.
Slightly nominal price increases have been seen only for material from import due to EUR devaluation.
On the other hand, offers from China and India are not competitive both because of prices and quantities considered too large.
Traders having stocks at port facilities are struggling as sales are extremely difficult.
Top EU producers are planning personnel redundancy programs involving up to 30% of the workforce.
On the other hand stock levels are quite low which is keeping hopes open for a possible next improvement.
1. Plates
HRP
S 235 / S275JR
5-20x2000
| Country | Domestic | Import |
| Germany | 0 | 0 |
| Spain | 0 | 0 |
| Italy | 0 | 10 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
2. Hot Rolled Coils
HRC
S235JR
2-12x1000-1500
| Country | Domestic | Import |
| Germany | 0 | -5 |
| Spain | -5 | -5 |
| Italy | -20 | -10 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
3. Cold Rolled coils
CRC
DC 01
0.60 Avx1250
| Country | Domestic | Import |
| Germany | 0 | 10 |
| Spain | -10 | 10 |
| Italy | 10 | -10 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
4. Hot Dipped Galvanized
HDG
DX 51 D / Z100-120 / AS
0.55 - 0.57x AW
| Country | Domestic | Import |
| Germany | 0 | 10 |
| Spain | -10 | 10 |
| Italy | 0 | 10 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
5. Merchant bars
Merchant bars (B)
S235JR
5 to 150 mm
| Country | Domestic | Import |
| Germany | 10 | 0 |
| Spain | 0 | -5 |
| Italy | 0 | -5 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
6. IPN / UPN
IPN / UPN (B)
S235JR
50 to 400 mm
| Country | Domestic | Import |
| Germany | 0 | -10 |
| Spain | -10 | -10 |
| Italy | -10 | -10 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
7. HEA/B/M
HEA/B/M (E)
S235JR
100 to 600 mm
| Country | Domestic | Import |
| Germany | 0 | 0 |
| Spain | -10 | 10 |
| Italy | 0 | 0 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
8. De-Bars
De-Bars (E)
FE500
6 to 40 mm
| Country | Domestic | Import |
| Germany | 0 | 0 |
| Spain | 10 | 0 |
| Italy | 0 | 0 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
9. WRC Mesh
WR Mesh (E)
S235JR
5.5 to 16 mm
| Country | Domestic | Import |
| Germany | 0 | 0 |
| Spain | 10 | 0 |
| Italy | 0 | 5 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
10. WRC Drawing
WR Drawing (E)
SAE 1006/8
5.5 to 16 mm
| Country | Domestic | Import |
| Germany | 0 | 0 |
| Spain | 0 | 0 |
| Italy | 0 | 5 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
(E) - Effective
(B) - Base
CFR Antwerp
| Product | Grade | Thick mm | Change |
| HRP | S235JR | 10-60x2500 | 0 |
| HRP | S355J2+N | 10-60x2500 | 0 |
| HRC | S235JR | 2-12x1250 | -10 |
| CRC | DC 01 | 0.60 Avx1250 | 0 |
| HDG | DX 51 D/Z 180/NA-C | 0.60 Avx1250 | 0 |
Change is on Sep 30th as compared to 23rd Sep 2011
In EUR per tonne
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