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14 Feb

US plate demand remains low, prices flat

US plate prices continue transacting in a range of $1,270-1,290/short ton while market participants cite a persistence in unfavourable conditions, Kallanish reports. “The market is getting worse and prices will be eroding," comments a midwestern service centre operator. "It is very slow, which will force lower transactional prices. I don't have a good feeling about the first quarter.” The same consumption-related anxiety is r…
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