It is reported that Chinese steel plate export market saw evident increase from late January and there have been some transaction of exports.
On Shanghai market, commercial 16mm plate by Yingkou steel jumped to CNY 4050 per tonne. That for commodity grade 14mm to 16mm plate by tier two steel remain flat to CNY 4050 per tonne. CCSB 16mm ship plate price rose by CNY 50 per tonne to CNY 4000 per tonne. Q245R16 boiler plate surged by CNY 150 per tonne to CNY 4250 per tonne.
Offers for commodity grade plate by tier two steel makers went up by USD 30 per tonne to USD 600 per tonne FOB and transaction level is about USD 580 per tonne to USD 590 per tonne.
Ship plate prices see little change. Prevailing price for 2.0mm up material goes at USD 730 per tonne to USD 750 per tonne FOB with contract price at about USD 730 per tonne to USD 740 per tonne FOB.3mm and up ship plate is being tagged at USD 770 per tonne to USD 780 per tonne FOB.