China's plate export prices slide on weak demand, depreciating yuan

August 08, 2019 / www.metalbulletin.com / Article Link

Export prices for Chinese plate dipped in the past week on thin end-user demand and a depreciating yuan.

Fastmarkets' price assessment for September/October shipments of steel heavy plate export, fob China main port was $505-510 per tonne fob for the week ended Tuesday August 6, down $10 per tonne from a week earlier.Market sources said demand was very thin in the wake of an escalating of tensions between the United States and China, which...

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