In recent weeks, the European plate market has been in a seasonally weak demand, contract was light, at the same time, pressure from imports of resources to further increase, in addition to the CIS and China Resources, Brazil and Korea Resources which not common before was gradually increasing, leading European plate prices continue to weaken.

For the afternoon market, market participants believe that demand in September no significant signs of improvement. It is difficult to support prices which make the market still weak in the short-term.

Currently, the German Ruhr plate ex-works is 450-460 euros / ton, fell slightly.

                                                      XINSTEEL NEWS