US plate prices stable for fourth consecutive week

摘要

US plate prices have remained stable for four consecutive weeksdespite lean inventory levels and recent dips in hot rolled coil prices.“Plate prices are holding,” one US West Coast distributor said.“The plate market is surprisingly still holding on,” a second WestCoast distributor agreed.“Plate prices are stable and are expected to remain fairly stable forthe next couple of weeks,” a Midwest distributor said. “[Anotherdistributor] said they’re even afraid of a plate [price] hike coming.”