US plate prices hold at peak, surpass HRC

Although sentiment in the US carbon steel plate market has grown less decidedly bullish in recent weeks, the price has held steady at its all-time high - surpassing hot-rolled coil for the first time in more than a year.

Fastmarkets’ price assessment for steel cut-to-length plate carbon grade, fob mill US held at $90 per hundredweight ($1,800 per short ton) on Friday November 19, unchanged for two weeks in a row. Fob mill inputs ranged from $88.75-$93.25 per cwt, with mill purchases at the low end and a general indication of recent depot...

Published

Abby Verret

November 19, 2021

22:59 GMT

Seattle