Asian steel plate exiting price troughs on healthy demand, leading Japanese mill says

Asian steel plate prices are expected to increase due to the healthy demand, a source at a leading Japan-based steel mill told Fastmarkets MB.

“Demand in East Asia - including the Japanese domestic market - for plate is robust, supported by the construction industry,” the source said. The leading Japanese steel mill continues to have limited volumes for exports and is comfortable waiting for the Asian plate markets...

Published

Paul Lim

February 12, 2019

07:31 GMT

Singapore