As of August 3, prices in the Chinese domestic market for common carbon and low alloy medium plate are higher compared to one week ago, though decreases have been seen in prices of shipbuilding plate, while overall transaction activity in the market has remained on the slack side. Average steel plate prices in China are presented in the tables below.
At the beginning of the given week, steel plate prices in China moved in an upward direction, while they moved down in the latter part of week amid significant declines in domestic semi-finished steel prices. Recently, the fluctuations in the Chinese stock market have also exerted an impact on the commodity markets, with finished steel prices at present being susceptible to the influence of stock market movements. It is expected that steel plate prices in the Chinese domestic market will indicate some slight downticks in the coming week.
Medium plate prices in local Chinese market
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 2,520 | 406 | ↑40 |
| Tianjin | Tiangang Steel | 2,370 | 382 | ↑70 | ||
| Lecong | Shaoguan Steel | 2,490 | 401 | ↑50 | ||
| Average price | - | 2,460 | 396 | ↑53 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 2,060 | 332 | ↑40 |
| Tianjin | Tiangang Steel | 2,070 | 333 | ↑70 | ||
| Lecong | Shaoguan Steel | 2,150 | 346 | ↑50 | ||
| Average price | - | 2,093 | 337 | ↑53 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,150 | 346 | ↑40 |
| Tianjin | Tiangang Steel | 2,090 | 337 | ↑70 | ||
| Average price | - | 2,120 | 341 | ↑55 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,250 | 362 | ↑80 |
| Tianjin | Tiangang Steel | 2,270 | 366 | ↑70 | ||
| Average price | - | 2,260 | 364 | ↑75 |
Boiler and container plate prices in local Chinese market
| Product Name | Spec, | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 2,550 | 411 | 0 |
| Beijing | Anyang | 2,380 | 383 | ↑30 | |||
| Guangzhou | Liuzhou Steel | 2,990 | 481 | ↓110 | |||
| Average price | - | 2,640 | 425 | ↓27 | |||
| Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 3,050 | 491 | 0 |
| Guangzhou | Jinan Steel | 3,530 | 568 | ↓60 | |||
| Average price | - | 3,290 | 530 | ↓30 | |||
| 20 mm | 16MnR | Shangai | Xinyu Steel | 2,650 | 427 | 0 | |
| Beijing | Jinan Steel | 2,480 | 399 | ↑30 | |||
| Guangzhou | Liuzhou Steel | 3,080 | 496 | ↓70 | |||
| Average price | - | 2,737 | 441 | ↓13 |
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 | 2,620 | 422 | ↓40 |
| Jinan | CCSA/B | Jinan Steel | 2,400 | 386 | ↓300 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,610 | 420 | ↓70 | ||
| Average price | - | - | 2,543 | 410 | ↓137 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,340 | 377 | ↓40 | |
| Jinan | CCSA/B | Jinan Steel | 2,200 | 354 | ↓210 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,320 | 374 | ↓70 | ||
| Average price | - | - | 2,287 | 368 | ↓106 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.21