W. Coast plate prices up, foreign offers eyed
Jan 09, 2014 | 12:53 PM
| Frank Haflich
LOS ANGELES Domestic commodity plate prices are rising on the West Coast as buyers await the latest offers from the regions leading offshore sources.
If the most recent round of announced increaseswhich in the past month have ranged from $20 to $30 per ton ($1 to $1.50 per hundredweight)takes hold, the delivered price on warehouse grades and sizes from mills east of the Rockies could reach $43.50 to $45 per cwt ($870 to $900 per ton), depending on the size of the buyer and local market, according to market estimates.....
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