Steel plate prices fall on soft demand

Jul 27, 2012 | 03:34 PM | Chris Prentice

Tags  steel plate, flat-rolled steel, steel, Chris Prentice

NEW YORK — Soft demand and the continued availability of lower-priced imports have driven domestic steel plate tags down further, market sources told AMM.

"I’d say plate is the weakest product out there right now," one Midwest service center source said.

A domestic mill source described demand for cut-to-length plate as quiet, adding that he hoped order levels would pick up in the first weeks of August. ....

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