Ex-China medium plate prices to South Korea

Thursday, 26 March 2009 12:02:32 (GMT+3)   |  

SteelOrbis has been informed by a South Korean buyer that they have received a common carbon medium plate offer from Chinese trading companies at the level of $420/mt CFR, which appears more attractive compared to the mainstream import prices of $450-460/mt CFR in South Korea. However, South Korean purchasers have said that they intend to maintain a wait-and-see stance, and so no taker has been heard at this price level. The above prices are March contracts for April and May shipments.

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