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24 Jan
20:38

SSAB increases plate prices, announces outage

SSAB’s US unit has pushed its plate base prices up by $50/short ton, though market sources say the move is strategic and competing mills are unlikely to follow. The increase is effective for all non-contract orders slated to ship the week of 2 April, Kallanish reports. On 24 March, however, the company will begin a planned outage at its Mobile, Alabama, operation that is scheduled to last about 3-4 weeks. “We anticipate no disruption in supply …
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