China’s plate export prices slide on weak demand, depreciating yuan

Export prices for Chinese plate dipped in the past week on thin end-user demand and a depreciating yuan.

Fastmarkets’ price assessment for September/October shipments of steel heavy plate export, fob China main port was $505-510 per tonne fob for the week ended Tuesday August 6, down $10 per tonne from a week earlier. Market sources said demand was very thin in the wake of an escalating of tensions between the United States and China, which...

Published

Paul Lim

August 07, 2019

05:15 GMT

Singapore