Prices for carbon steel plate in the United States were sideways for the third week in a row, with market participants predicting it will remain flat or rise soon.
Fastmarkets' weekly assessment for steel cut-to-length plate carbon grade, fob mill US was at $75 per hundredweight ($1,500 per short ton) on Friday July 9, unchanged since June 25 but nearly triple $26 per cwt at the same time last year.Market sentiment is mixed as to whether plate prices will rise again, but the consensus is that demand continue to outpace supply."Plate is very tight and probably not gonna change,"...