China’s export plate prices stable in moderate trading

Chinese steel plate export prices were largely stable over the past week in moderate trading.

Fastmarkets MB’s assessment for June shipments of commercial-grade, chromium-added plate was $545-550 per tonne fob for the week ended Tuesday April 23, narrowing downward from $545-555 per tonne fob the week prior. Trading was sparse with Pakistan buyers last week, but Vietnamese buyers bought around 3,000 tonnes of plate from two Chinese mills at a base price of $545-550 per tonne fob. “Prices around $540 per tonne are not reachable any more,” a trader in...

Published

Miranda Song

April 24, 2019

04:00 GMT

Shanghai