During the week ending January 4, common carbon and low alloy steel medium plate prices in the Chinese domestic market have indicated an overall upward trend, though shipbuilding plate prices have moved on a stable trend, while transaction activity in the overall market is now at decent levels. Average steel plate prices in China are presented in the tables below.
During the given week, since shortages of supply have continued to be seen, bullish sentiment has prevailed among market participants and they have increased their steel plate prices. After the New Year holiday, new supplies arriving in the market are at low levels. Currently, inventory levels in the market are relatively low, providing support for steel plate prices. It is expected that steel plate prices in the Chinese domestic market will likely continue their uptrend in the coming week.
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 2,170 | 332 | ↑90 |
| Tianjin | Tiangang Steel | 2,200 | 337 | ↑50 | ||
| Lecong | Shaoguan Steel | 2,490 | 381 | ↑60 | ||
| Average price | - | 2,287 | 350 | ↑67 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 2,000 | 306 | ↑60 |
| Tianjin | Tiangang Steel | 1,900 | 291 | ↑50 | ||
| Lecong | Shaoguan Steel | 2,160 | 331 | ↑70 | ||
| Average price | - | 2,020 | 309 | ↑60 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,020 | 309 | ↑60 |
| Tianjin | Tiangang Steel | 1,920 | 294 | ↑50 | ||
| Average price | - | 1,970 | 302 | ↑55 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,110 | 323 | ↑30 |
| Tianjin | Tiangang Steel | 2,100 | 322 | ↑50 | ||
| Average price | - | 2,105 | 322 | ↑40 |
Boiler and container plate prices in local Chinese market
Product Name Spec, Category City Steel Plant/Origin Price (RMB/mt) Price ($/mt) Weekly Change (RMB/mt) Boiler plate 20 mm 20G Shangai Xinyu Steel 2,200 337 0 Beijing Anyang 2,130 326 0 Guangzhou Liuzhou Steel 2,550 391 0 Ortalama - 2,293 351 0 Container plate 8 mm 16MnR Shangai Xinyu Steel 2,700 413 0 Guangzhou Jinan Steel 3,100 475 0 Ortalama - 2,900 444 0 20 mm 16MnR Shangai Xinyu Steel 2,300 352 0 Beijing Jinan Steel 2,230 342 0 Guangzhou Liuzhou Steel 2,650 406 0 Ortalama - 2,393 366 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 | 2,380 | 364 | 0 |
| Jinan | CCSA/B | Jinan Steel | 2,070 | 317 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,360 | 361 | 0 | ||
| Average | - | - | 2,270 | 348 | 0 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,100 | 322 | 0 | |
| Jinan | CCSA/B | Jinan Steel | 1,900 | 291 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,100 | 322 | 0 | ||
| Average | - | - | 2,034 | 311 | 0 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.53