US plate transactional pricing has not yet been affected by the outstanding $50/short ton increase, Kallanish reports.

“Business conditions remain decent but not enough to sustain that kind of an increase after all the previous ones,” says one buy-side source, who notes that plate list prices haven risen $230/st since October.

“Imports remain down significantly and mill lead times remain at four-to-six weeks,” he says.

Kallanish held plate Monday at $660-680/st. All prices are ex-works, domestic mill.