During the week ending June 27, average steel plate prices in the Chinese domestic market have indicated an upward trend, while transaction activity in the overall market has improved and is now at good levels. Average steel plate prices in China are presented in the table below.
During the given week, ferrous metal futures prices in China have risen significantly, causing domestic steel plate traders to raise their offer prices. Meanwhile, transaction activity has improved in major cities, reflecting better demand from downstream users. Currently, there are some shortages of steel plate supply in the spot market, which provides support for steel plate prices. It is thought that steel plate prices in the Chinese domestic market will likely edge up slightly in the coming week.
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 2,900 | 436 | ↑10 |
| Tianjin | Tiangang Steel | 2,540 | 382 | ↑20 | ||
| Lecong | Shaoguan Steel | 2,790 | 420 | ↔0 | ||
| Average price | - | 2,743 | 413 | ↑10 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 2,480 | 373 | ↑20 |
| Tianjin | Tiangang Steel | 2,240 | 337 | ↑20 | ||
| Lecong | Shaoguan Steel | 2,450 | 368 | ↔0 | ||
| Average price | - | 2,390 | 359 | ↑13 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,490 | 374 | ↑10 |
| Tianjin | Tiangang Steel | 2,260 | 340 | ↑20 | ||
| Average price | - | 2,375 | 357 | ↑15 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,600 | 391 | ↑30 |
| Tianjin | Tiangang Steel | 2,390 | 359 | ↑20 | ||
| Average price | - | 2,495 | 375 | ↑25 |
Boiler and container plate prices in local Chinese market
| Product Name | Spec, | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 2,800 | 421 | ↔0 |
| Beijing | Anyang | 2,730 | 411 | ↔0 | |||
| Guangzhou | Liuzhou Steel | 3,080 | 463 | ↔0 | |||
| Ortalama | - | 2,870 | 432 | ↔0 | |||
| Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 3,150 | 474 | ↔0 |
| Guangzhou | Jinan Steel | 3,620 | 544 | ↔0 | |||
| Ortalama | - | 3,385 | 509 | ↔0 | |||
| 20 mm | 16MnR | Shangai | Xinyu Steel | 2,900 | 436 | ↔0 | |
| Beijing | Jinan Steel | 2,830 | 426 | ↔0 | |||
| Guangzhou | Liuzhou Steel | 3,180 | 478 | ↔0 | |||
| Ortalama | - | 2,970 | 447 | ↔0 |
Shipbuilding plate prices in local Chinese market
| Product Name | Spec, | City | Category | Place of Origin | Price (RMB/mt) | Price ($/mt) | Weekly change (RMB/mt) |
| Shipbuilding Plate | 8 mm | Shanghai | CCSA/B | Xinyu Steel | 3,160 | 475 | ↔0 |
| Jinan | CCSA/B | Jinan Steel | 2,730 | 411 | ↔0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,860 | 430 | ↔0 | ||
| Average | - | - | 2,917 | 439 | ↔0 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,880 | 433 | ↔0 | |
| Jinan | CCSA/B | Jinan Steel | 2,560 | 385 | ↔0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,680 | 403 | ↔0 | ||
| Average | - | - | 2,707 | 407 | ↔0 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.65