29
Jul
16:47
Push begins for higher US plate prices
US plate mills are pushing for higher base prices, Kallanish learns from market observers and company letters.
Nucor and Evraz North America appear to be leading the push for high prices, echoing the recent sheet hikes of $40/short ton for all carbon, alloy, and heat-treated plate products.
The increases are all effective immediately for new orders.
Prior to the increases, Kallanish put A36 product at $800-820/short ton, a level it has occupied for several…
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Anonymous
Very good overview of the weekly steel market.
Anonymous