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09 Aug
21:51

US plate prices slip, mills posture for Q4

Prices for carbon steel plate in the US are weakening while domestic producers position themselves to offer competitive pricing when buyers return in September from their summer breaks, Kallanish understands from market participants.  US plate prices slipped to a range of $1,500-1,570/short ton this week, from $1,510-1,570/st on 2 August. The high end of the range matches Nucor’s announced spot price for September. Market participants are skeptical tha…
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