28
Apr
15:42
Plate prices remain solid for now
The market is seeing stable prices on plate, Kallanish hears.
Kallanish held its A36 pricing this week at $1,910-1,930/short ton, ex-works, domestic mill.
"Plates prices remain solid and there is talk of another increase in June, even though scrap is falling. We could hit the dollar-per-pound mark. I believe a peak is coming though, possibly this summer," says a one buy-side source. He adds that he doesn't think the market can take any a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous