Chinese plate exporters cautious amid uncertain crude steel cut policy

Chinese exporters of steel plate have been cautiously adjusting their offers this past week due to the country’s uncertain crude steel cut policy and expectations for a further increase in domestic steel prices, sources have told Fastmarkets.

Fastmarkets’ weekly price assessment for steel heavy plate, export, fob China main port, was $585-610 per tonne on Tuesday July 25, up by $5-15 per tonne from $570-605 per tonne...

Published

Alice Li

July 25, 2023

12:14 GMT

Singapore