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European steel sheet prices keep rising

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It is reported that European steel plants have increased prices to offset higher raw material costs since January.

The price of steel sheet is also remained a upward trend, as the price of hot rolled coil has reached EUR770 to EUR 800 per ton when cold rolled coil has soared to EUR 850 per ton for September production.

Traders indicated that some quotation they had for production of September are prevailing at high of EUR 850 to EUR 900 per ton for cold roll coil and EUR 950 to EUR 1,000 per ton for hot dip galvanized sheet.


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