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European steel mills plan to raise plate prices, to make up losses

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

Aug 8, 2016 11:52
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