High offers for steel plate issued by mills in China have led exporters in the country to seek out cargoes from other countries such as India and South Korea to sell elsewhere.
Fastmarkets' price assessment for July/August shipments of steel heavy plate export, fob China main port was $470-480 per tonne for the week ended Tuesday June 9, up by $10 per tonne from $460-470 per tonne a week earlier.He said it was hard to secure cargoes at that price - which is equivalent to...