08
Nov
20:10
US plate prices are on the rise
Sentiment is strong in the US plate market, reinforced further by passage last week of a long-awaited infrastructure bill in Congress.
The Bridge Investment Act will provide $12.5 billion in funding to repair and replace bridges across the country, which should provide a nice boost to the plate and structural steel markets. The act is included as part of the larger Infrastructure Investment and Jobs Act which includes strong Buy American provisions.
With increase…
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Anonymous
Very good overview of the weekly steel market.
Anonymous