14
Feb
20:25
US plate demand remains low, prices flat
US plate prices continue transacting in a range of $1,270-1,290/short ton while market participants cite a persistence in unfavourable conditions, Kallanish reports.
“The market is getting worse and prices will be eroding," comments a midwestern service centre operator. "It is very slow, which will force lower transactional prices. I don't have a good feeling about the first quarter.”
The same consumption-related anxiety is r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous