China’s plate export activity rises amid lower prices

Export trading activity for Chinese plate picked up in the past week after sellers lowered their prices.

Fastmarkets’ price assessment for March shipments of steel heavy plate export, fob China main port was $645-660 per tonne for the week ended Tuesday January 12, down by $5-10 per tonne from $650-670 per tonne fob a week earlier.
A Zhejiang-based trader said a northern China-based major mill concluded several deals with buyers in South America last week at $650-660 per tonne fob.

A second northern China-based mill was also willing to sell as low as $650 per tonne fob late last week, he said. He...

Published

Miranda Song

January 13, 2021

05:00 GMT

Shanghai