Hot rolled plate purchasing activity is recovering, in the United States. The number of large enquiries is growing. The oil and gas sector remains weak, but defence spending is increasing. The incidence of Covid-19 cases continues to climb, but no problems are detected, in the supply chain, arising from staffshortages. Year-end stock control measures are unlikely to significantly affect demand, as inventory levels are already low. Japanese producers secured an increase of JPY10,000 per tonne in recent negotiations for domestic 300-series hot rolled coil sales.
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