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08 Feb
19:53

US plate prices continue softening

US plate prices modestly decreased to $1,445-1,475/short ton for the week, down from last week's $1,450-1,480/st. “Business remains solid, with transactional prices still trending downward. Scrap is moving up and the markets in Europe and Asia are robust. It's hard to say where this is going right now," says one plate distributor. "Nucor is still pushing back the start of full production—looking at April now. They are rolling som…
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