Classified Id: 963403
Classified
Title:
Chequered Plate Pricing Trend and Forecast
Category: For Sale:: Office Supplies
City: New york Locality: New York
Date Listed/Updated: 2022-11-10
Author/Publisher name:
Description: During the third quarter of 2022, the Chequered Plate Pricing witnessed a negative sentiment in the US market owing to the subdued demand outlook. As per market players, Chequered Plate prices have fallen as service centers have held off buying in the face of weak demand from consumers, whose shortages of labor and parts have hit. Fears that the United States is either already in or on the verge of a recession have also reduced purchases. Furthermore, the mill only serves the flat-rolled steel market, and the idling was blamed on high import levels and market conditions. The idling is the first market-related closure reported by a US steelmaker in recent memory. Market participants have complained about persistent oversupply and a lack of more permanent production cuts to reduce volumes. US Steel has idled its No. 8 blast furnace at its Gary Works steel mill in Indiana. Steel mill outages throughout the rest of the year will eliminate nearly 54431 MT of flat-rolled production, but few believe this will alleviate the persistent oversupply. Therefore, the discussions for SS Chequered Plate (6 mm) prices for Ex Texas (USA) settled at USD 4483/MT.
For more information
E-Mail:- sales@chemanalyst.com
websites:- https://www.chemanalyst.com/Pricing-data/chequered-plate-1490
Contact No:- +13322586602
Mobile Number: 03322586602
Ad Type: I am offering
Homepage: https://www.chemanalyst.com/Pricing-data/chequered-plate-1490
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