06
Sep
20:21
US plate prices trend down with Nucor decrease
Prices for US plate have decreased in correlation to the Nucor price adjustment issued last week, Kallanish verifies.
US plate is now transacting in the range of $1,430-1,490/short ton. This is a $40/t decrease from the prior week when plate prices ranged from $1,470-1,530/st.
“The market seems to have gone negative,” says a US market analyst at a European bank.
A market participant observes: “There are deals to be had if you have decent tonnag…
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