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26 Apr
20:03

US plate market remains stable for now

Spot US plate prices are holding at $1,500-1,540/short ton this week, Kallanish reports. “This week, the market’s been very quiet. Prices for June have gone up a bit. Mills are at a controlled order entry, meaning they are not accepting quantities placed by customer but a reduced tonnage. This causes a minor shortage but enables them to move prices upward. There has been some Korean plate come in at around $1,300/tonne, but it wasn't a m…
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