Steel plate prices soften; outlook unchanged
Sep 26, 2013 | 05:47 PM
| Catherine Ngai
NEW YORK Demand in the steel plate market remained flat this week, with sources anticipating continued steadiness into the fourth quarter.
"Things have been very flat, pretty much like all of 2013. Theres no reason for me to believe that were going to see a change until maybe the first of the year," one Midwest service center source said. "I dont see anything happening in the fourth quarter that will change that."
However, despite a steady outlook, mills and service centers said that a softening in steel prices in certain parts of the country this week were due to competitive imports and pressure by service centers because of stiff competition downstream.....
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