US plate prices hold at peak, surpass HRC

November 20, 2021 / www.metalbulletin.com / Article Link

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...

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