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22 Jun
18:19

US plate prices hold

US plate prices have remained unchanged this week, Kallanish verifies with market sources. Prices are holding at $1,860-1,880/short ton, ex-works, domestic mill. “No change in price, but it appears the markets are weakening. It could be a typical slowdown, not sure yet. There are imports coming in September that could move prices down in August,” a buy-side source explains. This is the second week of stable prices following an eight-week stretch at…
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