12
Jul
21:30
US plate prices tenuously hold position
US plate prices are holding steady on-week though sources agree that they are likely trending down in the coming weeks. The spot plate transactions are currently between $1,440-1,450/short ton.
“The plate market is in a funk right now as business conditions for the plate industry have worsened. This has pushed transactional prices downward. Mills are working on a 3-4 week lead time. Nucor is starting to pick up the pace and is close to hitting full stride,&…
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