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11 Jan
19:54

US plate sales slow on-week, prices hold

US plate prices continue to hold at $1,460-1,490/short ton, Kallanish confirms. In the equivalent week last year, plate prices ranged from $1,830-1,880/st. All prices are ex-works domestic mill. “The business has slowed. Pricing remains the same for now. Nucor did roll their first plate [at Brandenburg], but won't be in full production until February or March,” says a distribution source. Nucor’s mill in Brandenburg, Kentucky, is anticipate…
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