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China’s shipbuilding plate export quotes to South Korea drop again

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Publish time: 27th June, 2012      Source: ChinaCCM
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Recently, China's export quotes of shipbuilding plates have dropped further.

It's said that a Chinese steelmaker offered shipbuilding plates quoted at US$660/ton CFR to South Korea, decreasing by US$10~US$15/ton.

It's analyzed that the price dip was caused by the slack demand from South Korean shipbuilding companies and sluggish demand from the Chinese domestic market.