This is to reflect the current market situation where most overseas buyers typically buy A36 plate instead of Q235B.
The amended specification of this price assessment will be:
MB-STE-0146 Steel heavy plate export, fob China main port, $/tonne
Quality: A36, width 1,800-2,500mm, thickness 14-20mm
Quantity: 1,000-10,000 tonnes
Location: fob Tianjin
Timing: 4-6 weeks
Payment terms: Letter of credit on sight
Publication: Weekly. Tuesday, 5-6pm Shanghai time
Notes: Contains at least 0.0008% boron to qualify for tax rebate of 13%
The one-month consultation for this proposed amendment will end on Sunday April 5, with changes taking place - subject to market feedback - beginning April 6.
To provide feedback on this assessment, or if you would like to provide price information by becoming a data submitter to this price assessment, please contact Paul Lim and Miranda Song by email at email@example.com. Please add the subject heading ‘FAO: Paul Lim/Miranda Song, re: China export plate price assessment.’
To see all Fastmarkets’ pricing methodology and specification documents go to www.fastmarkets.com/about-us/methodology.
Fastmarkets is proposing to amend the quality of its China plate export price assessment to A36 from the current Q235B.