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09 Feb
19:59

Plate prices remain steady in US market

Domestic plate pricing continues to hold the line in the US market, with expectations of a decline by the end of the month. Spot pricing for standard A36 plate products continues to be reported in the range of $1,800-1,850/short ton, ex-works mill. Kallanish hears lead times are in the 4-6 week range. “The mills have holes in their backlogs,” one plate buyer comments, noting that he is beginning to see signs of weakening prices. He expects downward mo…
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