27
Sep
21:18
Inconsistent pricing confounds US plate market participants
The US plate market is experiencing tumult to the extent that pinning down prices is increasingly difficult, Kallanish understands from market participants.
One distribution source describes the demand for plates as lethargic, with few transactions occurring at the mill level. “No uptick anywhere in the plate market," that source reports. "Business is just extremely slow.”
This source expects November mill announcements to provide some struc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous