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05 Jun

US plate prices flatten on-week

US plate prices are holding their value for a second week as the market continues to face low demand, according to market participants. Spot transactions for carbon steel plates are still occurring within the range of $1,040-1,100/short ton, Kallanish reports. "Business is terrible," a midwestern plate distributor complains. "Prices haven't changed. There is nothing positive to speak of."  An East Coast distributor notes that demand …
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