01
Jul
19:28
US plate prices struggle to stay afloat
US plate pricing again hovered in the week ended 1 July, despite efforts by domestic mills to establish a higher bottom, Kallanish learns from market sources.
Kallanish currently puts A36 product at $800-820/short ton. All prices are ex-works, domestic mill.
A price increase put out by Nucor and others of $40/st on sheet products was meant to bleed over into the plate market, but the increase’s apparent lack of traction means more slow-going ahead, says…
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Anonymous
Very good overview of the weekly steel market.
Anonymous