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10 Jan
21:56

US plate market softens for January, prices drop

US carbon steel plate pricing is dropping, clashing with prices published by mills, Kallanish learns from market participants. “No momentum at all," observes a Midwest plate buyer. "Transactional prices are still falling. Lead times are short. ... Plate supply remains in good shape and imports are hitting soon.” US domestic plate prices are now transacting in a range of $1,280-1,310/short ton, down from $1,310-1,400/st where they had stagnat…
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