Bid-offer gap keeps export trading thin for Chinese plate

Export trading activity for Chinese plate was thin over the past week amid a $5-per-tonne gap between bids and offers.

Fastmarkets’ price assessment for February/March shipments of steel heavy plate export, fob China main port was $480-485 per tonne for the week ended Tuesday January 7, up $3-5 per tonne from $475-482 per tonne fob a week earlier.

A source at northern China’s Puyang Iron & Steel said it was asking for $490 per tonne fob this week, up $5 per tonne from $485 per tonne fob last week. He explained...

Published

Miranda Song

January 08, 2020

05:30 GMT

Shanghai