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...


Paul Lim

August 07, 2019

05:15 GMT