Steel plate prices in the United States held steady for a fourth consecutive week after a December producer price hike did not materialize in transaction prices in the first full working week of 2020.
Plate mills issued a $40-per-ton ($2-per-hundredweight) price increase in early December, their third round of hikes since early November. Prices strengthened in the first two weeks of December but stalled thereafter.Buyers said the latest hikes were still not being demanded by the mills during the first week back...