Plate market steady but imports threaten
Apr 11, 2014 | 03:42 PM
| Catherine Ngai
NEW YORK The steel plate market continues to be even-keeled, sources indicate, although wariness about import pressure has some mills starting to become concerned again.
"Strange enough, things have been the same for the last two to three months," one mill source said. "Weve been prodding along and there have been no upswings or downswings. But theres a healthy gap between imports and domestic, so were looking at that."
In what is described as a "very steady" domestic market, plate mills have experienced longer lead times and steady pricing since late last year. But more competitive import offers recently could put some downward pressure on pricing in the near term, some indicated.....
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