SteelOrbis has been informed that Indian origin commercial grade plate is being offered to the UAE in a range of $1,300-1,310/mt CFR Dubai for August shipment, whereas Ukrainian origin commercial grade plate to the same destination is being offered at $1,350/mt CFR Dubai for August shipment.
In addition, ex-China plate offers are also heard at the level of $1,200/mt CFR Dubai on theoretical weight basis. In comparison to its HR market, it is seen that the market for plate in Dubai is currently stable. Plate prices in the local Dubai market currently vary in a range of $1,250-1,300/mt.