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17 Apr
20:14

US plate prices hold steady for 4th week

Pricing for carbon steel plate in the US is unchanged within a range of $1,170-1,200/short ton for a fourth consecutive week, Kallanish reports.  Market participants have expressed frustration with the overall lack of demand for plate products in the last few months. A mill source acknowledges the frustration and points out that, in general, the market is more favourable for secondary sellers than not. “I seriously believe people have lost perspective…
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