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17 Jan
19:13

US flat prices gather strength

Last week, US plate prices held between $1,460-1,490/short ton and hot rolled and cold rolled coil prices increased to $710-720/st and $950-990/st, indicating to some in the market that price drops might be over, Kallanish understands. “The market needs more confirmed large spot sales, not just offers, to solidify price improvements above the cost rise,” the operator of a large distribution centre explains. “I’m still stuck on the volu…
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