Prices for carbon steel plate in the United States climbed after domestic mills announced another round of price increases in finally offering material for March shipment.
Fastmarkets' weekly price assessment for steel cut-to-length plate carbon grade, fob mill US climbed to $51 per hundredweight ($1,020 per short ton) on Friday January 29, up from $49 per cwt ($980 per ton) on January 22. The assessment now has more than doubled since descending to its 2020 low of $25 per cwt ($500 per ton) in August. Data were received in a range of $47-57 per cwt. Inputs at the low end of that range represent assessments of prices early...