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The Asian steel plates market is weak

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There were no transactions in the market on Monday this week. According to local traders, after the price rebounded, market expectations improved and trading volume increased. On March 20th, the price of Q235 (3mm) hot coil was $535 per ton CFR Vietnam. Q355 increased the price by $18 per ton on this basis, and the QSTE340N steel price of SAE1006 (2mm) was around $570 per ton CFR Vietnam. Due to insufficient demand, the transaction of SAE1006 is still poor, and the expected transaction price is expected to be reduced by about $20 per ton. In terms of Asian medium and thick plates, QSTE340N steel prices have also shown a downward trend due to poor demand. Among them, China's export price of 560 USD/ton FOB has a relatively competitive advantage, and transactions above this price are weak. Currently, the price of SS400 (12-20mm) is 560 USD/ton FOB China, and the export price of medium plate of the same specification is 565 USD/ton CFR Korea QSTE340N steel.

  • Source: Abstract
  • Editor: Shirley

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