20
Sep
14:13
Plate holds firm in US, changes on horizon
US plate pricing again held firm last week, though several supply-side factors could shake up the market near year-end, Kallanish reports.
Kallanish held its A36 price Monday at $1,650-1,680/short ton, ex-works, domestic mill.
A Midwest buyer expects a formal increase in the near-term to solidify current pricing levels, due to an influx of Korean plate.
Two giant sheet announcements - a pair of 3 million st/y mills coming from US Steel and Nuco…
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Anonymous
Very good overview of the weekly steel market.
Anonymous