18
Oct
19:07
US market remains cool on plate increase
US plate prices appear to have been unfazed by Nucor’s $30/short ton increase earlier this month, Kallanish hears from market sources.
Prices are still hovering near the $470-500/st mark with little in the way of improvement, says one buy-side source. Nucor’s increase failed to garner much support from fellow producers or buyers, he says.
At the time of the increase, several buy-side sources said the increase might have been introduced to stop fur…
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Anonymous
Very good overview of the weekly steel market.
Anonymous