China’s plate exporters cut prices further to win orders

China’s plate exporters continued to cut prices over the past week although the domestic market has been stable, with more of them looking to secure more orders abroad.

Fastmarkets MB export price assessment for December shipments of commercial-grade, chromium-added plate was $560-575 per tonne fob for the week ended Tuesday October 30, down $5-10 per tonne from a week earlier.
Inner Mongolia-based Baotou Iron & Steel is offering its plate at $560 per tonne fob this week, down from $565 per tonne fob last week.

The company’s prices are among the lowest in the...

Published

Miranda Song

October 31, 2018

06:05 GMT

Shanghai