Chinese steel plate export prices fall on thin trading

Export prices for Chinese heavy steel plate softened in the week to Tuesday September 28 amid an inactive market ahead of China’s National Day break over October 1-7.

Offer prices will probably increase after the holiday due to electricity consumption limits being imposed in various parts of the country, a source said.
Fastmarkets’ weekly price assessment for November/December shipments of steel heavy plate, export, fob China main port was $895-910 per tonne on Tuesday, down by $10-15 from a week earlier.
No trades were heard during the week to Tuesday.

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Published

Min Li

September 29, 2021

09:48 GMT

Shanghai