According to understanding, Asia's plate price dropped US$30/ton to US$40/ton further compared to the previous month.

Due to Posco's cheap offer sources, Singapore's plate price also decreased by US$40/ton. Posco was not interested in their local construction industry and was very aggressive for the export market.

They concerned a lot for the export volume than price selling. Posco even offered a lower price than his subsidiary company in Indonesia and meant they suffered the selling pressure.

China's export plate price has also declined US$10/ton, and the export price was now lower than in domestic, which caused the export to be quiet.