Chinese plate exporters raise offers on strong domestic market

China’s export plate prices regained some strength over the past week, with mills raising offers amid a sufficient number of orders in the domestic market.

Fastmarkets’ price assessment for January shipments of steel heavy plate export, fob China main port was $460-465 per tonne for the week ended Tuesday November 19, up $15-25 per tonne from $435-450 per tonne fob a week earlier.
A trader in eastern China said that he bought around 1,000 tonnes of plate last week from a mill in northern China at $460-463 per tonne fob to sell to Southeast Asia.

Another trader in the eastern regions said bought a small shipment...


Miranda Song

November 20, 2019

07:48 GMT