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08 Mar
20:01

US plate prices creep up on-week

US plate prices increased to $1,465-1,495/short ton from last week’s transaction cost of $1,460-1,495/st, Kallanish reports. The rising price of scrap has been named as a contributing factor, and the market suspects larger increases will follow. “Pricing is trending upward, but Nucor is firm through the end of April with a full order book. Lead times are now into April and May, with production issues hampering SSAB and Nucor. With upcoming …
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