During the week ending November 26, steel plate prices in the local Chinese market have dropped down slightly. Average steel plate prices in China can be viewed in the SteelOrbis price reports section.
Under the impact of the drop in semi-finished steel prices in Tangshan in addition to the declines in steel futures prices, traders in the Chinese steel plate market have become less confident. Coupled with slackening demand in the domestic market, domestic steel plate prices started to indicated slight decreases in the given week.
According to the latest data provided by China Iron and Steel Association (CISA), in early November (Nov. 1-10) the average daily output of crude steel in China was 1.957 million mt, up 31,000 mt compared to late October (Oct. 21-31), registering the highest level since late July this year. The increase in crude steel production is expected to exert downward pressure on the domestic finished steel market.
It is expected that steel plate prices in China will continue to slide down by modest margins in the coming period.
Chinese steel plate market softens slightly
Marketplace Offers
Hot Rolled Plate
Thickness
8 mm
Width
1,500 mm
Length
6,000 mm
S 235
Tedarikçi
SEÇKİN METAL NAK. SAN VE TİC A.Ş.
Hot Rolled Slitted Sheet
Thickness
0.25 - 3 mm
Width
20 mm
Length
0 mm
Tedarikçi
YILDIZ DEMIR CELIK
Hot Rolled Plate
Thickness
8 mm
Width
1,500 mm
Length
6,000 mm
S 355 J2 + N
Tedarikçi
SEÇKİN METAL NAK. SAN VE TİC A.Ş.