Plate prices in the United States were steady last week but concerns have grown that they could come under pressure again in future weeks, market participants said.
Fastmarkets AMM's price assessment for cut-to-length plate was unchanged at $46 per hundredweight ($920 per short ton) on Friday March 29.Market participants have reported plate prices in a range of $45-57 per cwt.Lead times have shortened by approximately one week and are now only four to five weeks at some mills, sources said."Lead times have come in a week...