02
Nov
16:33
Plate prices hold, US market braces for headwinds
US plate prices continue to hold at the rate of $1,600-1,630/short ton for the third week, learns Kallanish. This is a $20/st decrease, on the high end, from plate prices one month earlier.
“Business is slowing. Therefore, prices are falling from service centres. There are cheap Korean plates coming into the west coast, and very cheap Chinese material coming into Canada next month. With Brandenburg slated to roll its first plates in late December, we should …
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Anonymous
Very good overview of the weekly steel market.
Anonymous