Tag: Plate Offers
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Falling Imported Plate Offers Pressurize Domestic Prices
Weak sales and pessimistic demand outlook have made Chinese plate prices slip by USD 5/MT W-o-W basis. Current offers for commercial quality (S235 equivalent to A36) from China are being assessed at USD 290/MT (CNF India), down by USD 5/MT from SteelMInt’s assessment last Thursday. No firm offers were being reported from POSCO-Indonesia since last…