CSC HR plate price expected to fall

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Publish time: 26th July, 2012      Source: ChinaCCM
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China Steel Corporation (CSC) is going to follow up setting its steel plate market prices for next month with confirmed domestic prices for September. Market sources point out that the HR plate market price is expected to be above NTD19500/ton.

However, the price could be adjusted down if HRC price is difficult to hold on at NTD19500/ton with soft market demand for steel at present. It is expected that the price would be kept around NTD19000~19300/ton or lower