06
Dec
20:46
US plate market remains slow, prices flat
US plate prices are unchanged in a range of $1,310-1,400/short ton this week, Kallanish understands.
For weeks, the plate market lamented inventory excess and expressed surprise when Nucor and SSAB issued price increases (see Kallanish passim).
“I’m not optimistic," a midwestern service centre operator says. The source is hopeful but not convinced that the mills' price-hike attempt will make any immediate changes to current conditions, adding…
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Anonymous
Very good overview of the weekly steel market.
Anonymous