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    Analysis

    Market says cutting interest rates will spur stalled domestic plate demand

    Written by Kristen DiLandro


    Market sources say demand for domestic plate refuses to budge despite stagnating prices. 

    Conventional wisdom in the market suggests that lower prices would stimulate higher demand for steel products. However, domestic steel plate sources agree that this adage isn’t playing out in the current market. They believe current interest rates in the US are limiting lucrative steel plate-consuming businesses.

    Kristen DiLandro

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