10
Apr
21:10
US plate prices languish in stagnant market
US carbon steel plate spot market prices continue to hold within the range of $1,170-1,200/short ton for the third consecutive week, Kallanish reports.
Demand for plates remains weak, and there are no clear signs of it strengthening in the short term, according to market participants.
One East Coast distributor hopes an eventual Federal Reserve interest rate cut could help business before the end of the year, after Wednesday's monthly US inflation rep…
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Anonymous
Very good overview of the weekly steel market.
Anonymous