Market discussions about a potential EU anti-dumping investigation into plate imports from Asia have not yet led European mills to increase domestic prices. The EU’s current quarterly tariff-rate quota for plate imports from “other countries” exceeds 582,500 tonnes.
Despite the talk of a potential investigation, prices remain soft, particularly in Scandinavia. Some mills have introduced short working hours and reduced output to stabilize prices and limit oversupply. The market is expected to gain more clarity in the coming weeks.
