27
Mar
13:51
US plate prices slip again, more decreases possible
US plate pricing has weakened again, with market participants anticipating that domestic mills will issue further price reductions because demand remains tepid.
Prices for carbon steel plate fell to a new range of $1,170-1,200/short ton this week, from $1,190-1,210/st the prior week, Kallanish reports.
The ongoing retreat in pricing leads some market sources to ponder whether more decreases would be formalised through mill notifications or would mills p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous