30
Jul
14:59
US plate hike gains more support
Growing support for the outstanding US plate base price hike may mean that transaction prices will recover soon than expected, Kallanish hears from market sources.
SSAB Americas is the latest to lend its support to the $40/st hike, which has been championed by Nucor, Evraz North America, and other major players.
Kallanish currently puts A36 product at $800-820/st, where it has been mired for several weeks.
“With additional support, there is a st…
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Anonymous
Very good overview of the weekly steel market.
Anonymous