26
Jul
22:03
US plate prices drop, seasonal slowdown suspected cause
US plate prices have weakened over the past week, narrowing the pricing range to $1,420-1,440/short ton from $1,400-1,500/st, Kallanish learns.
“This market is too quiet and too slow. It feels like something bad is happening. Some of my colleagues are semi-panicked. People are down 20-30%. I have one large order coming in, but it’s ugly right now. No one really knows the cause. It could be the season,” explains a Midwestern service-centre operat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous