Category: HR Plate
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China: Weak demand weighs on heavy plate export prices
China’s heavy plate (SS400) export prices continued to fall further this week, by $20/tonne (t) to $865/t on CFR basis compared to $845/t CFR a week ago, as per a SteelDaily report. Prices have fallen by around $100/t within a span of a month, from around $960/t during mid-October. Decline in iron ore prices, weak…