China’s plate export prices soften, but trading activity up

Export trading activity for Chinese plate picked up in the past week after prices softened slightly.

Fastmarkets’ price assessment for September shipments of steel heavy plate export, fob China main port was $480-490 per tonne for the week ended Tuesday July 28, widening downward by $5 per tonne from $485-490 per tonne a week earlier.
A Zhejiang-based trader told Fastmarkets that a mill in eastern China had sold around 1,000 tonnes of plate during the week to buyers in South America and Vietnam at $480 per tonne fob.
This was a base price for A36-grade plate, he said. No details of additional charges were available.

A mill in northern China was also...

Published

Miranda Song

July 29, 2020

08:16 GMT

Shanghai