Prices of heavy plate from northwest European mills have not gained strength, with some sources noting further softening in recent weeks. The market remains flexible, and mills are willing to reconsider prices during negotiations.
A northern German buyer reports that sales remain weak, and buyers are reserved. The S355 grade plate prices have dropped below the €800/tonne ($868) delivered threshold, indicating another dip. Import offers are as low as €710/t delivered in northern Germany. While domestic mills may be more flexible with mixed import/domestic sourcing, they remain rigid with loyal customers. Observers agree that a major recovery is unlikely in the foreseeable future, despite ongoing market dynamics.