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Nucor issued a price reduction of $120/short ton on as-rolled discrete plate, cut-to-length 96-inch plate, and normalized plate, as well as an $80/st reduction on quench and tempered plate orders received as of 20 September. The notice was sent to customers on 19 September, and Kallanish learns of a simultaneous drop in plate prices across the entire market. This week the price of steel plate drops to $1,620-1,660/st from $1,760-1,810/st where it held for se…
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