Chinese steel plate export prices slide on inactivity

Export prices for Chinese heavy steel plate decreased slightly in the week to Tuesday October 19 amid thin trading due to a combination of high offers, weak demand and costly freight.

Fastmarkets’ weekly price assessment for December-shipment steel heavy plate, export, fob China main port was $920-930 per tonne on Tuesday, down by $5-10 per tonne from a week earlier.
Inner Mongolia’s Baotou Iron & Steel is offering December-shipment heavy plate at around $920 per tonne fob this week, sources said on Tuesday.

Published

Min Li

October 20, 2021

04:44 GMT

Shanghai