China’s export plate prices soften on thin trading

Thin trading is weighing on export prices for Chinese plate, resulting in a decline over the past week, and expectations of a further weakening of the market are growing.

Fastmarkets MB’s export price assessment for December shipments of commercial-grade, chromium-added plate was $560-570 per tonne fob for the week ended Tuesday November 6, narrowing downward from $560-575 per tonne fob a week earlier. Inner Mongolia-based Baotou Steel rolled over its offer price of $560 per tonne fob this week. Hebei Puyang Iron & Steel is offering its product at $570...

Published

Miranda Song

November 07, 2018

06:20 GMT

Shanghai