Plates not so close to bottom as other flats in USA

摘要

US plate market is seeing lower purchasing activity than in the other flat steel segments. According to the market expectations, plate prices are still far from the bottom. Inventories at service centres and distributors are extremely high, in some cases reaching 3.5 months. “Destocking is continued. People are buying just small tonnages they needed for some orders,” a trader told Metal Expert.