15
Nov
20:19
US plate prices hold steady amidst quiet market
US plate prices remain in the range of $1,340-1,410/short ton this week as demand is still reported to be subdued, Kallanish learns.
“All is quiet right now, including business conditions," observes one northeastern distributor. "There isn’t a backlog at mills because they’re not meeting monthly goals. Prices are falling and service centres are afraid to buy inventory.”
Adds a midwestern distributor: “Nothing new…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous