China’s steel plate export prices widen up on possible export tax

Talks about China introducing an export tax on plate products re-emerged in the market, sources told Fastmarkets, and the uncertainty in policy kept market participants quiet; export plate prices widened up.

Fastmarkets’ price assessment for September/October-shipment steel heavy plate export, fob China main port was $910-940 per tonne on Tuesday July 27, widening up by $10 per tonne from a week earlier.

“Yingkou Medium Plate Co’s offer prices are $940 per tonne fob to Southeast Asia and $950 per tonne fob to South America today,” a trading source in Zhejiang province told Fastmarkets on Tuesday. The source added that Tangshan Medium Thick Plate Co offered plate...

Published

Min Li

July 28, 2021

10:02 GMT

Shanghai