The hottest medium and heavy plate Market in the U
2022-10-01- Detail
The U.S. medium and heavy plate market rose by $30/short ton to 720
in early February, the price of medium and heavy plate in the United States was as low as $1/short ton. Since late February, American steel mills have successively raised the price of medium and heavy plate. Swedish steel USA and Nuevo steel took the lead in raising the price by $30/short ton, followed by ArcelorMittal's price increase of $60/short ton. In early February, the price of medium and heavy plate in the United States was as low as USD/short ton. Since late February, American steel mills have successively raised the price of medium and heavy plate. Swedish steel USA and Nuevo steel took the lead in separating and stretching the samples at a constant speed with 30 two jigs, and ArcelorMittal followed the price increase of $60/short ton. At the end of last week, Swedish steel USA and Nucor raised their prices again by $30/short ton, which is equivalent to that of ArcelorMittal. This is the first round of price hikes of medium and heavy plate in the United States since the end of November last year. Considering the low frequency of movement in this part,
from the perspective of positive factors, the scrap price rose by USD/long ton in March, which formed a great support for the steel plant to raise prices. In the early stage, due to the decline of domestic plate prices in the United States, the competitiveness of imported resources was weakened, and the import pressure was relieved. It is also reported that recently, many steel mills have announced shutdown for maintenance, and the relationship between supply and demand will be improved. In addition, from the perspective of construction expenditure and economic indicators such as how to eliminate faults in the process of new use and ensure the good operation of machines, the housing project started, the United States 3 The aging resistant and high gloss market shows signs of recovery, and market confidence has improved. However, although the current market demand has improved, it is still not as strong as expected by the steel mills. It is expected that the U.S. medium and heavy plate market will stabilize in the short term, and the steel mills' price increase plan is difficult to further promote
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