25
Oct
19:41
US plate prices trend downward amid market volatility
Prices for carbon steel plate in the US are not enjoying the recovery other steel products have recently started to experience, sources confirm.
This week, the price range for plate is $1,340-1,410/short ton, down from $1,350-1,430/st, Kallanish learns.
“I see further decreases as business conditions remain weak," explains a Northeast distributor. "Sheet mills continue to take more tons out of the market up through 1" and the pie shrinks…
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Anonymous
Very good overview of the weekly steel market.
Anonymous