Scrap Prices North America
September 11, 2022
Plate Market Report: Prices Hold for Now, Decreases Expected
Written by David Schollaert
US plate prices were unchanged this past week but remain under pressure. Spot demand is limited, with sources noting that Nucor’s efforts to keep prices flat might be short-lived.
Recall that Nucor announced it would keep some plate prices flat and decrease certain cut-to-length items as much as $150 per ton ($7.50 per cwt) with the opening of its October order book.
