US plate prices flat; mill increase said likely next week

Carbon steel plate prices in the United States were stable on Friday October 22 but are expected to go up next week, since Nucor announced a price increase Friday that market participants believe will be accepted.

Fastmarkets’ cut-to-length plate, fob mill US price was assessed at $89 per hundredweight ($1,780 per short ton) on Friday, flat since October 1 and at an all-time high. Inputs ranged...

Published

Abby Verret

October 22, 2021

21:30 GMT

Seattle