European Cold-roll And Hot-dip Galvanized Plate Prices Continued To Fall

May 24 Nordic cold roll factory assessment in Europe 840-850 euros ($899-910) / ton, down 30 euros / ton week on week; [] May 24 Nordic hot dip galvanized board factory assessment 870-880 euros ($931-942) / ton, down 10 euros / ton week on week. According to the European market news, this week some European steel mills in September period of cold coil and hot dip galvanized sheet the latest factory price, and the European mainstream steel ArcelorMittaer also announced cut European plate price 100 euros / ton, the September period of cold coil and hot dip galvanized sheet latest factory price respectively 870 euros / ton and 890 euros / ton; [] but the buyer overall purchase intention is low, on the one hand is not optimistic about the future, on the other hand is the current import resources price advantage is obvious. This week, a German mainstream steel mill in September delivery of cold coil and hot dip galvanized plate factory price is 860 euros / ton and 880 euros / ton respectively. At present, the psychological factory price of cold coil and hot dip galvanized plate for buyers in Europe is 840-850 euros / ton and 860 euros / ton respectively. The Tata Dutch steel plant announced in February that it could not deliver the cold roll product due to force majeure, and sources said the steel plant would return to the market in June and issue a cold roll offer for the September delivery period. In terms of imported resources, the price difference between the import price of cold coil and hot dip galvanized sheet and the local price is still more than 100 euros / ton, but the overall purchase volume of European buyers is not much. On the one hand, there are some risks in the purchase of imported products, on the other hand, the expected price still has room to fall. This week, buyers in southern Europe bought some cold rolls in India, South Korea and Taiwan, China, trading at around 720 euros per ton (CFR).