Local prices for rolled steel in Italy and Northern Europe did not change in the week before Thursday, August 6, due to the summer recession, but there was some import activity in the market, Fastmarkets sources said. Prices , , in Southern Europe, ,
,Prices for domestic rolled steel in Italy were estimated at 690-700 euros (796-819 dollars) per ton in stock as the minimum confirmed levels, unchanged from a week earlier. Market participants reported that the lowest price at the plant is 690 euros per ton for orders for 1,000-3,000 tons, calling this level a "potential price minimum."
"Prices seem to have bottomed out after September sales were completed by most manufacturers," a source at the factory said.
The source said that for the August holiday period, the plant is receiving offers at a price of 720 euros per ton. The manufacturer said they don't expect much interest in the coming weeks, but they're not chasing orders either.
"At the moment, we have practically withdrawn from the market and are considering only projects for the fourth quarter," the same source said. Source in the retail network
A holds a similar opinion. "September production in Italy is currently mostly booked, which reduces the need for factories to receive additional orders or provide additional discounts," they said.
While southern European distributors were focused on securing orders in July ahead of the summer downtime in August, they faced limited order volume and lowered prices to boost market activity, the trade source added. Weekly price assessment
Fastmarkets prices for domestic rolled products with a thickness of 8-40 mm exported to Southern Europe on Thursday amounted to 690-710 euros per ton, unchanged over the week.
Meanwhile, new activity has been reported in the field of plate imports. Sources said that Indonesian raw materials were sold to Spain this week, which are due to arrive in the fourth quarter of 2026, with the transaction value amounting to 770-790 euros per ton DDP, which was calculated at about 710 euros per ton CFR, excluding additional duties. Offers
According to a trade source, the price of CFR for S275 grades was $820 per ton, but there was little interest, while the manufacturer of rolled steel in the country could not confirm this information.
According to Fastmarkets, the weekly price estimate for steel sheet (8-40 mm), import, CFR's main port in Southern Europe, was 710-750 euros per ton on Thursday, down 10 euros per ton from 720-750 euros per ton a week earlier.
Northern Europe On Thursday reported a higher offer for the local list in Germany. A week. According to
