China’s steel plate export prices rise in wake of upturn in domestic market

Chinese export steel plate prices increased on Tuesday September 5, in line with domestic steel prices, supported by the country’s latest stimulus policy for the property sector and the improved performance of the manufacturing sector, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel heavy plate, export, fob China main port was $560-580 per tonne on Tuesday, edging up from $555-580 per tonne a week earlier.

Market sentiment...

Published

Alice Li

September 05, 2023

10:22 GMT

Singapore