Prices for domestically produced steel plate in the United States were unchanged, with market participants mostly reporting indicators of market strength and extended wait times at the mills.
Sales volumes were reported to be brisk in August, and end-user segments have been active enough that customers are still willing to pay the highest prices for plate since 2011. When mills open up their order books for December rollings, prices may achieve fresh multiyear highs. "The plate mills are busy," a West Coast distributor said. "I would not be surprised if...