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SteelHome Express: Semis Price Plummets in East China after Outbreak of 2019-nCoV

https://en.steelhome.com [SteelHome] 2020-02-06 14:36:14

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Prices of semis falls sharply in East China on Thursday. Quotations from Jiangyin port declines by 150 yuan/t to 3250-3270 yuan/t; that from Xuzhou drops by 160 yuan/t to 3190-3210 yuan/t. In addition, many suppliers in this area are waiting for the further market developments since leading suppliers in East China have not set the price.

Meanwhile, due to the restricted shipments after the outbreak of 2019-nCoV, semis market performs unclearly, bringing slack transactions on recent days.

Link: Market price of Xuzhou Billet on Feb 6,20

Link: Market price of Zhangjiagang Billet on Feb 6,20


(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837)
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