Get started

PRICING NOTICE: Proposal to amend specification of China plate export price assessment

Fastmarkets is proposing to amend the quality of its China plate export price assessment to A36 from the current Q235B.

March 6, 2020
By Generic people page

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, $/tonne
Quality: A36, width 1,800-2,500mm, thickness 14-20mm
Quantity: 1,000-10,000 tonnes
Location: fob Tianjin
Timing: 4-6 weeks
Unit: US$/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 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 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.

What to read next
Open consultation on methodology for Saudi Arabia domestic steel scrap index
This consultation, which is open until April 8, 2026, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The price under review […]
March 11, 2026
 · 
By Fastmarkets pricing team
Delayed publication of LME aluminium, copper warrant assessments
The publication of Fastmarkets’ assessments for copper grade A cathode warrant premiums and aluminium P1020A warrant premiums was delayed on Wednesday March 11 because of a procedural lapse. Fastmarkets’ pricing database has been updated.
March 11, 2026
 · 
By Fastmarkets pricing team
Fastmarkets suspends publication of Iran steel export assessments
Fastmarkets has suspended its pricing for Iran steel billet and slab exports following the escalation of the conflict between the US, Israel and Iran and because relevant, relative pricing data is not immediately available.
March 6, 2026
 · 
By Fastmarkets pricing team
Open consultation on methodology for Saudi Arabia domestic rebar price assessment
Fastmarkets is inviting feedback from the industry on the pricing methodology for its steel reinforcing bar (rebar), domestic, delivered Saudi Arabia price, as part of its annual methodology review process.
March 5, 2026
 · 
By Fastmarkets pricing team
Outdoors, Land, Nature
Liontown revives expansion study, signals staged growth model, CEO says | Hotter Commodities
Liontown Resources has revived its previously deferred expansion study at its Kathleen Valley mine and is weighing near-term orders for long-lead equipment, its chief executive officer said – the clearest signal yet that growth planning is returning to the agenda as lithium market conditions stabilize.
March 5, 2026
 · 
By Andrea Hotter
Fastmarkets proposes to change Mexico non-ferrous scrap units
Fastmarkets is changing the units of its Mexico non-ferrous scrap price assessments to improve clarity and to align with prevailing commercial practices, per feedback from market participants. The majority of submissions, transactions and references for these markets use kilogram-based prices, particularly across key regions such as Monterrey and Bajío. Converting these assessments to a peso […]
March 4, 2026
 · 
By Fastmarkets pricing team