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15 May

US plate demand remains low, prices hold steady

Spot prices for carbon steel plate in the US are flat this week in a range of $1,060-1,100/short ton, Kallanish learns.  A large East Coast distributor says the market continues its sluggishness. “Prices haven’t moved. Demand is still very slow. I have not heard anything this week. The smaller the projects, the better the business. There are not many large projects underway right now,” the distributor explains. “The large fabrication …
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