China's export plate prices down on thin trading

May 02, 2019 / www.metalbulletin.com / Article Link

Chinese steel plate export prices dropped in the past week as mills chased orders amid sparse trading.

Fastmarkets MB's assessment for June shipments of commercial-grade, chromium-added plate was $540-547 per tonne fob for the week ended Tuesday April 30, down $3-5 per tonne from $545-550 per tonne fob the week prior.An eastern China-based trader sold some plate of small tonnages (less than 1,000 tonnes) to Vietnam at a base price of $540-543 per tonne fob last week.But trading was sparse, with few other deals heard to Vietnam,...

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