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07 Jun
21:19

As expected, US plate prices begin to sag

US plate prices finally have started to sag as market sources anticipated this spring. The prices now range from $1,460-1,480/short ton, down from $1,480-1,500/st last week, Kallanish learns. Sources are expecting additional decreases in the coming weeks. “Nothing new; business has picked up. Prices haven't moved much, but I would say trending downward,” an east coast distribution source shares. All eyes in the plate market are turned toward w…
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