Steel plate market sees glimmers of hope
Jan 10, 2013 | 03:11 PM
| Chris Prentice
NEW YORK Spot buying of carbon steel plate products has resumed in the first full week of the new year and some sources say they are seeing signs of end-use demand returning to the market, although the increased activity has not translated to higher prices from domestic mills.
"Were picking up steam," a source at one southern plate distributor said, citing an improvement in order rates since lows in December and a quiet start in the first few days of 2013. "Im feeling reasonably encouraged."....
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