16
Nov
19:21
Plate prices remain stable in US
US plate prices continue to hold in the range of $1,600-1,630/short ton, reports Kallanish.
Unlike supply concerns in other steel segments, plate remains readily available.
“I don't think a shortage is in the cards as there is already excess capacity due to the new Steel Dynamics plant in Texas and the new Mexican sheet mill, Lazaro Cardenas, which ArcelorMittal owns," a buy-side source says. "There's no panic at all in the market. The su…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous