Steel plate prices in the United States was flat during the week ended Friday January 31, with market participants expressing pessimistic views on the outlook amid negative trends in the ferrous scrap market.
Sources reported lead times of 4-5 weeks at most mills, which could indicate that mills are under pressure to fill their order books. In a healthy market, plate lead times should be longer than hot-rolled coil's."There is steel on the shelves. We've got...