29
Apr
13:58
US plate pricing falls from long-standing plateau
US plate pricing finally ticked down from its relatively stable plateau late last week, Kallanish learns from market sources.
Kallanish reduced its A36 price Monday to $900-920/st, a significant dip from the previous plateau of $960-980/st.
The line appears to have collapsed at the mill level, despite an outstanding increase of $40/st still slated for the late April/early May timeline. That increase now has almost no chance of being collected, says one Midwes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous