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CSC Sees Strong Steel Plate Demand, Warns of Tight Supply in Q1
Non-Energy Minerals · Steel · economic_daily · 2026-11-04
2002
China Steel Corporation reports full order books for Q4 and anticipates supply shortages in Q1, urging downstream clients to secure inventory early.
What Happened
Demand Outlook: China Steel Corporation (CSC) reports robust demand for steel plates, with orders for the fourth quarter already at full capacity. The company anticipates that supply will struggle to meet demand in the first quarter of next year, urging downstream clients to plan their procurement early to avoid inventory shortages during the Lunar New Year.
Pricing Strategy: CSC emphasizes that while rising steel prices pose a challenge, downstream users should avoid being overly conservative. The company warns that focusing solely on short-term price fluctuations may lead to missed opportunities for essential material stockpiling as replacement costs continue to climb.
Production Scheduling: Due to upcoming year-end maintenance at its steel plate facilities and the timing of the Lunar New Year, CSC is advising clients to place orders promptly. Securing supply now is critical for ensuring uninterrupted processing and delivery schedules for downstream manufacturers.
Industry Feedback: Some steel plate cutting firms have expressed concerns regarding pricing, noting that CSC’s quotes for certain products are higher than market rates. These businesses are calling for more moderate price adjustments to remain competitive against cheaper imported alternatives.