12
Oct
19:27
Plate prices remain stable in US market
US plate prices are currently listed between $1,600-1,650/short ton, remaining flat on-week, Kallanish reports.
The stabilisation may have be influenced by the price-hold notification issued by Nucor, stating that October prices would be held at the deductions made in September for certain plate products.
"Plate prices should be stable through the end of the year. There is a chance they could fall due to business conditions and the opening of Nucor's new…
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Anonymous
Very good overview of the weekly steel market.
Anonymous