W. Coast steel plate market resists price hikes
Feb 06, 2013 | 11:18 AM
| Frank Haflich
Tags
steel,
carbon plate,
plate prices,
West Coast plate market,
Frank Haflich
LOS ANGELES — The West Coast carbon steel plate market has failed to respond to mill price hike attempts as service centers, in particular, struggle to maintain levels seen in late 2012.
Delivered prices for warehouse grades and sizes from domestic mills outside the West Coast are estimated at $780 to $800 per ton ($39 to $40 per hundredweight) to larger service centers. That means domestic mills’ late-2012 announced price hikes—which, before the holidays, were given a chance of at least partially catching on—haven’t taken hold and in some cases appear to be giving way to....
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