In the week ending March 16, steel
plate prices in the Chinese domestic market have indicated minor decreases, while transaction activity in the market has continued to be slack. Average steel
plate prices in
China can be viewed in the
SteelOrbis price reports section.
Demand in the local Chinese steel
plate market has not seen any significant upturn, while traders' confidence has improved since last Thursday on the back of rising semi-finished steel prices. Supplies arriving in the market have been limited, making traders less willing to lower their sales prices. As for the coming week, it is expected that steel
plate prices in the Chinese domestic market will just indicate slight fluctuations.