During the week ending August 17, prices in the Chinese domestic market for common carbon medium plate and shipbuilding plate have increased slightly, though slight decreases have been seen in prices of low alloy medium 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.
During the given week, inventory levels of steel plate have declined a little. Some steel plate producers have seen improved profitability after the gradual rise in steel plate prices. As a result, the producers will likely increase their outputs, which will eventually result in increases in inventory. It is expected that steel plate prices in the Chinese domestic market will edge down slightly in the coming week.
Medium plate prices in local Chinese market
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 2,650 | 415 | ↑30 |
| Tianjin | Tiangang Steel | 2,390 | 374 | ↓50 | ||
| Lecong | Shaoguan Steel | 2,630 | 412 | ↑40 | ||
| Average price | - | 2,557 | 400 | ↑7 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 2,220 | 347 | ↑30 |
| Tianjin | Tiangang Steel | 2,090 | 327 | ↓50 | ||
| Lecong | Shaoguan Steel | 2,290 | 358 | ↑40 | ||
| Average price | - | 2,200 | 344 | ↑7 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,300 | 360 | ↑60 |
| Tianjin | Tiangang Steel | 2,110 | 330 | ↓50 | ||
| Average price | - | 2,205 | 345 | ↑5 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,370 | 371 | ↑30 |
| Tianjin | Tiangang Steel | 2,290 | 358 | ↓50 | ||
| Average price | - | 2,330 | 365 | ↓10 |
Boiler and container plate prices in local Chinese market
| Product Name | Spec, | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 2,500 | 391 | 0 |
| Beijing | Anyang | 2,440 | 382 | ↑40 | |||
| Guangzhou | Liuzhou Steel | 2,980 | 466 | ↓60 | |||
| Ortalama | - | 2,640 | 413 | ↓7 | |||
| Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 3,000 | 469 | 0 |
| Guangzhou | Jinan Steel | 3,520 | 551 | ↓60 | |||
| Ortalama | - | 3,260 | 510 | ↓30 | |||
| 20 mm | 16MnR | Shangai | Xinyu Steel | 2,600 | 407 | 0 | |
| Beijing | Jinan Steel | 2,540 | 397 | ↑40 | |||
| Guangzhou | Liuzhou Steel | 3,080 | 482 | ↓60 | |||
| Ortalama | - | 2,740 | 429 | ↓7 |
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 | 410 | 0 |
| Jinan | CCSA/B | Jinan Steel | 2,370 | 371 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,580 | 404 | ↑20 | ||
| Average | - | - | 2,523 | 395 | ↑7 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,340 | 366 | 0 | |
| Jinan | CCSA/B | Jinan Steel | 2,200 | 344 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,330 | 365 | ↑30 | ||
| Average | - | - | 2,290 | 358 | ↑10 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.39