13
Dec
19:36
US plate prices hold steady, buyers resist hikes
US carbon steel plate prices are unchanged this week, remaining within a range of $1,310-1,400/short ton, Kallanish reports.
The US plate market is anticipating an influx of plate products arriving from South Korea. Market participants say this is exerting downward pressure on domestic pricing and causing buyers to resist mill hikes.
"The imports need to happen to lower prices. They are too high for the [market] conditions, and if the import excuse works, so…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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