Trade Resources Market View The Prices of Medium Heavy Plates Have Kept Rising in The US Market

The Prices of Medium Heavy Plates Have Kept Rising in The US Market

It is reported that the prices of medium heavy plates have kept rising in the US market after the steelmakers SSAB and Nucor announced to raise price by US$30/ton last week. Some buyers start to purchase active and mill extend shipment accordingly. At present, the mainstream prices for A36 medium heavy plates were at US$720/ton in the US market. However, some traders said that the price rise will not continue because the market demand from end user remains weak.

 

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65948&division=A2
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US Medium Heavy Plate Prices Rise
Topics: Metallurgy