31
Jan
21:13
US plate prices hold steady, Nucor announces decrease
US plate prices continue to hold in a range of $1,270-1,290/short ton this week, but the market is poised for a decrease after Nucor announced a fresh price reduction, Kallanish hears from market participants
A persistent lack of demand is the primary reason the pricing on plate is unable to achieve gains, sources report. On 30 January, Nucor Plate Group sent an adjustment notifying its customers of a $50/st price reduction for as-rolled and normalised plate…
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Anonymous
Very good overview of the weekly steel market.
Anonymous