Asian plate pricing slips amid thin trading, sluggish demand

摘要

Asian plate prices extended recent falls this week, as scarce buying interest continued toweigh on sentiment and spot prices.S&P Global Platts assessed Q235/SS400 grade 12-25 mm thick plate, or equivalent, at$504/mt CFR East Asia Wednesday, down $4/mt on week.Major Chinese mills offered commercial grade plate at $490-$500/mt FOB China forOctober shipment, slightly lower from the previous week. Tradable levels were estimatedat around $490-$495/mt FOB to South Korea, according to an eastern China-based trader.