15
Jun
19:28
US plate prices descend from 8-week hold
After holding at $1,910-1,930/short ton for eight consecutive weeks, US domestic plate prices have crept down, Kallanish verifies.
Some manufacturers are continuing to enforce surcharges on fuel, while lowering some steel product prices, says a buy-side source.
“They only lowered the lighter cut-to-length products. This obviously ties into the sheet market, and we know those prices are dropping due to an overcapacity issue,” the same source explains. …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous