European plate and slab markets experienced a notable drop in spot liquidity in mid-July, as seasonal slowdowns and cautious buying behavior weighed on activity. Prices remained stable, but mills reported needing to offer discounts to secure restocking orders.

Import interest was minimal, with buyers preferring domestic supply due to logistical costs and uncertainty surrounding upcoming CBAM regulations. Market participants expect limited movement until after the summer holidays, when domestic producers may attempt price increases.

The slowdown reflects broader weakness across construction and automotive sectors, with service centers and traders reporting quieter conditions and delayed purchasing decisions.