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03 May
19:45

US plate prices slip down on high end

Plate prices in the US have decreased slightly to $1,500-1,530/short ton from $1,500-1,540/st, Kallanish reports. As previously reported by Kallanish, the industry is feeling an uneasy sense of quiet this week. “Unless scrap moves up, I don't see any increases in the short term. I still think [Nucor’s mill in] Brandenburg is months away from full production. Prices could increase with summer shutdowns, creating a shortage as lead times are already…
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