23
Aug
19:23
US plate prices freeze as buyers foresee decreases
US plate prices remain in the range of $1,470-1,530/short ton this week, with sources perceiving most buying at the lower end of the range, Kallanish learns.
“Plate market in real flux at the moment. Mills trying to dig in and transaction prices taking a beating,” a market participant says. “Service centres are trying to find that balance between inventory and costs. Everyone is waiting for Nucor’s October announcement. One day [the] rumour…
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Anonymous
Very good overview of the weekly steel market.
Anonymous