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24 Apr
20:03

US plate market anticipates additional price decreases

Carbon steel plate pricing in the US is holding steady this week in range of $1,170-1,200/short ton, but sources say they expect prices to decrease in the coming weeks, Kallanish hears.  A northeastern service centre operator predicts that softening detected in the second quarter is likely to rule out any plate price increases, e.g., when domestic producer Nucor issues its monthly price adjustment. “Prices are getting lower, believe it or not. The new …
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