Export prices for Chinese steel plate drop on thin trading

Trading remained thin in China’s steel plate export market in the week to Tuesday August 24 due to the resurgence of Covid-19 cases, uncompetitive offer prices and uncertainty surrounding China’s export tax.

Fastmarkets’ price assessment for October-shipment steel heavy plate export, fob China main port was $915-925 per tonne on Tuesday, down by $20-25 per tonne from a week earlier.
Yingkou Medium Plate is offering its product at $925 per tonne fob, sources told Fastmarkets on Tuesday.

Hebei Puyang Iron & Steel offered October-shipment plate at $920...

Published

Min Li

August 25, 2021

10:27 GMT

Shanghai