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20 Mar
18:58

US plate pricing slips again

US plate prices have dropped to $1,190-1,210/short ton from $1,200-1,220/st, where they had stood for two weeks, Kallanish reports. A midwestern service centre operator expresses frustration with general state of the market this week. “Truthfully, the plate market is awful," that source contends. "Mills are calling on end users and fabricators more than ever before. The only inventory gaps are those being made on purpose; plenty of supply exists…
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