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22 Nov
15:40

New US plate price hike appears

US plate producer SSAB Americas is reiterating its $40/short ton base price hike for all plate products, Kallanish learns from a company letter. The new $40/st increase is additive to the increase announced 8 November and is effective immediately. It covers all as-rolled mill plate; discrete and coiled plate greater than 72 inches wide; and normalised and quench-and-tempered plate. SSAB notes that its domestic mill lead times are out to January. The prior …
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