After finishing the first batch purchase of India’s steel plate, traders take quick steps into the second batch. Meanwhile, it’s been known that 4~5 dealers had placed order with price US$670/ton, higher than that for the first batch.

China’s power restriction policy caused the price raise substantially. The price of A36 steel plate is at US$700/ton and carbon steel plate comes to US$670~680/ton. Therefore, it pours fever into India’s steel market.

Recently, dealers are looking forward to Q4 market; however, the order volume is small. It’s been known that India’s steel plate still take the most advantage.