24
Jan
20:27
US plate prices show signs of weakening
Steady demand, weak mill backlogs, and low-priced imports are being reported in the US plate market.
Buyers are weary of the elevated pricing levels which have persisted since hitting an all-time high of $1,830-1,880/short ton in November. With lower-priced imported material becoming more readily available, there is the anticipation of falling domestic prices in the coming weeks.
After registering a slight uptick in pricing last week, the weekly US A36 plate asse…
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Anonymous
Very good overview of the weekly steel market.
Anonymous