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01 Nov
20:14

US plate pricing holds steady on-week

Pricing for US domestic carbon steel plate is hovering around the same levels as last week’s transactional range of $1,340-1,410/short ton, Kallanish learns from market participants.  That is despite a price reduction notification issued by Nucor of as much as $140/st, effective 31 October (see Kallanish 31 October). “The impact of mill decreases yesterday are causing questions about further reductions," observes a plate distributo…
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