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Have steel prices peaked for the year?

Nov 02, 2020 · Bank of America Analyst Timna Tanners maintains that all this new capacity threatens to throw supply and demand so badly out of balance that the market is facing a glut that will drive steel prices to dangerously unprofitable levels, a phenomenon she has dubbed Steelmageddon. Currently, Bank of America forecasts hot-rolled steel prices will average $490/ton in 2021 and $475/ton in 2022 as new capacity puts downward pressure on prices. Superb Recycling stainless steel plate scrap For "Good delivery" Contact Supplier to ensure that product quality is stable and reliable. 4.High quality based on competitive price,we only supply prime quality for establish great cooperation with per customer. 1/6. 316 stainless steel plate scrap sold at low prices, laser cutting factory direct corrosion resistance. $2.00-$2.50 / Kilometer.

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Aug 05, 2021 · low carbon steel scrap, low carbon steel scrap Suppliers

  • Low Carbon Steel Sales Excellent Low Carbon Steel Plate Astm A36 60mm Thick Hot Roll Carbon S scrap steel metal prices, scrap steel metal prices offers 6,870 scrap steel metal prices products. A wide variety of scrap steel metal prices options are available to you, such as local service location, key selling points, and processing service. Quality price of steel scrap for Industrial Use - Scrap Steel Sheet Used In Gypsum Nm400 Scrap Ss400 Q235 Q345 Cold Rolled Mild Steel Plate. $907.00-$987.00/ Metric Ton. 5 Metric Tons (Min. Order) CN Tianjin Nanxiang Steel Processing Co., Ltd. 4 YRS. 4.8 (32) |. "nice supplier". Contact Supplier. Ad.

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