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17 Jan
20:37

US plate prices continue to sink

US domestic plate prices are now transacting in a range of $1,270-1,290/short ton, down from $1,280-1,310/st, where they sank the prior week after a seven-week standstill, Kallanish reports. Sources say mills are actively making deals with committed buyers. Therefore, mill-published prices may not align with the market's transaction prices.  “That is exactly what is happening. The mills will work with you if you are a regular customer and buy in vo…
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