24
Jan
21:13
US plate prices hold steady, sentiment negative
US plate pricing is sticking within the range of $1,270-1,290/short ton for the second week, Kallanish understands.
Participants in the market have a gloomy outlook on current conditions and where they are heading.
“Demand is terrible. I just got off the phone with a mill who quoted me lower prices than last week and I think more are on the way,” says an East Coast distributor.
The same distributor explains: “There’s no reason to bring …
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Anonymous
Very good overview of the weekly steel market.
Anonymous