Germany and Italy — European HRC gains remain limited by weak demand The Northern European HRC index reached €749 per tonne ex-works on October 23. It was €4 higher week on week, despite very quiet trading. Italy’s index stood at €739.06 per tonne, slightly higher on the day but lower week on week. Production problems at major Italian suppliers limited available material. Nevertheless, subdued purchasing prevented mills from achieving a stronger and broader price recovery.
Germany and Italy — Plate prices hold as mills target higher 2027 levels Southern European heavy plate remained at €740–750 per tonne ex-works on October 22. Italian producers targeted €770–780 for January delivery, outside the current assessment’s delivery window. Northern European plate held at €840–880 per tonne. Trading was limited, and buyers showed little interest in imported material. Uncertainty surrounding carbon costs and emissions verification continued to complicate alternative sourcing
