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Despite record highs, a source close to Kallanish confirms US plate prices haven’t yet reached their peak. This week, plate prices remain at $1,910-1,930/short ton. All prices are ex-works, domestic mill. “Customers just think this is the new normal. The market is busy and sure, some projects are on hold, but we’re booking out,” the same buy-side source confirmed. Prices are expected to hold through June, but an increase from at least one…
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