MethodologyContact usSupportLogin
This is to fully capture the change in the market where most overseas buyers typically buy A36 plate instead of Q235B, and follows a month-long market consultation that ended on April 5.
The amended specification of this price assessment is as follows (changes in italics):
MB-STE-0146 Steel heavy plate export, fob China main port, $/tonne Quality: A36, width 1,800-2,500mm, thickness 14-20mm Quantity: 1,000-10,000 tonnes Location: fob Tianjin Timing: 4-6 weeks Unit: US$/tonne 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 amendment came into effect following the end of the consultation on April 6.
To provide feedback on this amendment, 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 pricing@fastmarkets.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.