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31 Aug
19:31

Plate prices hold in quiet US market

US plate prices are holding at $1,760-1,810/short ton due to slow market movement, Kallanish learns from market sources. Plate has held in this range for four weeks. Before that, in the week of 27 July, prices ranged from $1,810-1,830/st. “Things are very quiet right now. I see no signs of any increases on plate. Business is slow, but there are signs of a good September. There will be some Korean plate hitting in 4-5 weeks, and with Nucor's plate plan…
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