Fastmarkets AMM’s price assessment for cut-to-length plate remained at $49.50 per hundredweight ($990 per short ton) on Friday November 30, where it has been for nearly a month.
Lead times are between six and nine weeks, market participants said.
Plate prices remain at their highest point of the year and are up 53% from $32.35 per cwt in early December 2017, Fastmarkets AMM pricing records show.
High mill offers
Offers from mills were reported as high as $50.50 per cwt. But buyers said that number was too high for them to accept, and with...