Ex-Indonesia hot rolled plate booking in Taiwan

Wednesday, 10 December 2014 15:16:46 (GMT+3)   |   Istanbul
       

SteelOrbis has heard from market sources that a Taiwanese buyer has concluded an ex-Indonesia deal in the past week for 4,000-5,000 mt of hot rolled plate (HRP) in the range of $480/mt CFR, for December deliveries. It is reported that this sale has been concluded at a loss as the cost of the product is estimated in the range of $504-506/mt.
 
On the other hand, Japanese HRP offers to Taiwan are at $430/mt CFR, for December deliveries. Additionally, Chinese HRP offers to Taiwan are in the range of $475-477/mt CFR, for deliveries in January, while buyers in their counter-offers are seeking the price level of $470/mt CFR.


Similar articles

Mexican steel plate consumption decreases 4.1 percent in January

28 Mar | Steel News

US ITC votes to maintain AD order on clad steel plate imports from Japan

28 Mar | Steel News

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Turkey’s plate prices fall amid lower HRC prices, weaker demand

27 Mar | Flats and Slab

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

US plate spot market prices steady after last week’s drop

26 Mar | Flats and Slab

Ex-China steel plate prices down slightly despite stronger local market

25 Mar | Flats and Slab

Stocks of main finished steel products in China down 0.6 percent in mid-March

25 Mar | Steel News

US cut-length plate imports up 46.9 percent in January

21 Mar | Steel News

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab