During the week ending August 8, average prices of steel plate in the Chinese domestic market have continued to indicate an upward trend, while transaction activity in the overall market has improved a little but is still at low levels. Average steel plate prices in China are presented in the table below.
During the given week, demand for steel plate in China from downstream users has improved compared to the previous week. Meanwhile, ferrous metal futures prices in China have increased sharply, providing support for steel plate prices. Currently, supply of steel plate from steelmakers has returned to normal levels and so sufficient supplies are arriving in the market. It is thought that steel plate prices in the Chinese domestic market will likely edge up in the coming week.
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 3,090 | 464 | ↑60 |
| Tianjin | Tiangang Steel | 2,820 | 423 | ↑30 | ||
| Lecong | Shaoguan Steel | 3,030 | 455 | ↑70 | ||
| Average price | - | 2,980 | 447 | ↑53 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 2,660 | 399 | ↑50 |
| Tianjin | Tiangang Steel | 2,520 | 378 | ↑30 | ||
| Lecong | Shaoguan Steel | 2,680 | 402 | ↑30 | ||
| Average price | - | 2,620 | 393 | ↑37 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,730 | 410 | ↑40 |
| Tianjin | Tiangang Steel | 2,560 | 384 | ↑50 | ||
| Average price | - | 2,645 | 397 | ↑45 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,870 | 431 | ↑60 |
| Tianjin | Tiangang Steel | 2,670 | 401 | ↑30 | ||
| Average price | - | 2,770 | 416 | ↑45 |
Boiler and container plate prices in local Chinese market
Product Name | Spec, | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 2,900 | 435 | ↑100 |
Beijing | Anyang | 2,870 | 431 | ↑30 | |||
Guangzhou | Liuzhou Steel | 3,080 | 462 | 0 | |||
Ortalama | - | 2,950 | 443 | ↑43 | |||
Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 3,250 | 488 | ↑100 |
Guangzhou | Jinan Steel | 3,620 | 544 | 0 | |||
Ortalama | - | 3,435 | 516 | ↑50 | |||
20 mm | 16MnR | Shangai | Xinyu Steel | 3,000 | 450 | ↑100 | |
Beijing | Jinan Steel | 2,970 | 446 | ↑30 | |||
Guangzhou | Liuzhou Steel | 3,150 | 473 | 0 | |||
Ortalama | - | 3,040 | 456 | ↑43 |
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 | 3,020 | 453 | ↑20 |
Jinan | CCSA/B | Jinan Steel | 2,890 | 434 | ↑20 | ||
Guangzhou | CCSA/B | Shaoguan | 2,990 | 449 | ↑50 | ||
Average | - | - | 2,967 | 445 | ↑30 | ||
20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,740 | 411 | ↑20 | |
Jinan | CCSA/B | Jinan Steel | 2,720 | 408 | ↑20 | ||
Guangzhou | CCSA/B | Shaoguan | 2,780 | 417 | ↑20 | ||
Average | - | - | 2,747 | 412 | ↑20 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.66