August 22, 2008

South Korea to pay more for Chinese SBQ plates

After China’s import price of ship plate achieves USD 1,200 to USD 1,300 per tonne on June shipments, South Korea is going to increase the domestic price of ship plate.

The newest domestic price of ship plate is predicted to touch USD 1,018 per tonne. Besides, local market analysts forecasted that if global plate billet price still keeps on high level in near future, the price of ship steel plate will continue to increase.

(Sourced from YIEH.com)