West Coast plate prices holding steady for Jan.

Dec 27, 2006 | 11:40 AM | Frank Haflich

A strong backlog of projects appears to be holding up the carbon steel plate market on the West Coast following a temporary falloff in the price of some trade products earlier this month.

Plate consumption continues to be healthy despite what are believed to be healthy inventories at certain service centers and an earlier temporary decline in pipe production that reportedly freed up mill tonnage, market sources said.

Consequently, trade plate prices for January have pretty much stabilized at December's level after dropping some $20 to $30 a ton from November, market sources said.....





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