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28 Sep
20:44

US plate prices face downward pressure

The price of steel plate in the US domestic market this week is at $1,600-1,640/short ton, down from last week when plate prices were $1,620-1,660/st, Kallanish learns. General market uncertainty, especially around labour relations, transportation, and inflation are believed to be causing headwinds for the steel industry. “Transportation problems are definitely an issue, but most have adjusted, and rail has not been an issue. Business conditions remain sta…
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