Analysis
June 25, 2026
Some plate market sources see spot price increases ahead
Written by Kristen DiLandro
Participants in the domestic plate market anticipate incoming price notifications before the end of the month, SMU learned in recent conversations.
One plate market source believes a domestic mill will be raising prices by $120 per short ton (st), but further investigation yielded no evidence. When SMU asked an additional source whether the three-digit per st hike seemed likely, he thought that was a little too ambitious.
