US plate prices rose higher last week, but there are expectations for declining prices in the coming month.
The weekly domestic A36 plate assessment maintained by Kallanish was $20/short ton higher on Monday at $1,850-1,900/st, ex-works mill. Import offers are said to be $400-500/st lower.
“By 1 February we should start seeing some downward movement [in pricing]. Mill backlogs are not that great and Korean plate is arriving at a lower price,” says one…
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