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29 Nov

US plate mills issue price hikes

US plate prices are steady this week within the range of $1,310-1,400/short ton, pending the impact of just-announced price hikes from SSAB and Nucor, Kallanish reports. On 28 November, SSAB and Nucor Plate Group issued increases. SSAB informed customers that it raised transaction prices on all as-rolled, normalized, quenched and tempered, and wide cut-to-length products. The minimum prices were boosted by $60/short ton. Increases take effect immediately for all n…
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