Chinese plate exporters raise offers on domestic gains

China’s plate exporters raised their offers after an eight-day break to mark the country’s National Day amid domestic price gains despite thin trading.

Fastmarkets’ price assessment for December shipments of steel heavy plate export, fob China main port was $510-515 per tonne for the week ended Tuesday October 13, up by $5 per tonne from $505-510 per tonne fob for the week ended September 29, the last week before the October 1-8 Golden Week holiday.

A Zhejiang-based trader said he could secure cargoes at prices as low as $510-515 per tonne fob from major mills despite them officially asking for $520-530 per tonne fob this...


Miranda Song

October 14, 2020

06:35 GMT