Ukrainian-origin ship plate is being offered in the spot market at around $630/tonne cfr Singapore. "Prices are inching upwards,"a regional trader in Singapore tells Steel Business Briefing. This compares with offer and transacted spot prices of ship plate of below $600/t cfr at $580-590/t cfr Singapore in mid-January, SBB is told.
"Demand is slow,"says another trader. While many traders believe that there is very little recent buying interest because of the Chinese New Year, some report hearing that ship plate from Ukraine was last week booked at $630/t cfr Singapore and Indonesian ship plate at $640/t cfr. |
