Minor fluctuations in Chinese domestic steel plate market

Monday, 15 May 2017 14:54:58 (GMT+3)   |   Shanghai
       

During the week ending May 15, the Chinese domestic steel plate market has indicated minor fluctuations, while transaction activity in the market has been at medium levels. Average steel plate prices in China are presented in the table below.

During the given week, average steel plate prices in China have continued their fluctuating trend, with both slight increases and decreases observed. Semi-finished steel prices in China have risen, providing some support for domestic steel plate prices. Meanwhile, the steel production restrictions in the Beijing-Tianjin-Hebei region due to the One Belt One Road Forum (BRF) and recent environmental protection measures have also positively influenced the steel plate market. Most players are watching to observe the future trend of the market. It is thought that steel plate prices in the Chinese domestic market will likely move sideways in the coming week.

Medium plate prices in local Chinese market
 
Product Name Quality City Steel Plant/Origin Price (RMB/mt) Price ($/mt) Weekly Change (RMB/mt)
8 mm common carbon medium plate Q235 Shanghai Magang 3,470 504 ↓30
Tianjin Tiangang Steel 3,500 508 ↑70
Lecong Shaoguan Steel 3,710 538 ↓10
Average price - 3,560 517 ↑10
20 mm common carbon medium plate Q235 Shangai Magang 3,250 472 ↓40
Tianjin Tiangang Steel 3,200 464 ↑70
Lecong Shaoguan Steel 3,300 479 ↓10
Average price - 3,250 472 ↑7
30 mm common carbon medium plate Q235 Shanghai Ansteel 3,320 482 ↑110
Tianjin Tiangang Steel 3,200 464 ↑70
Average price - 3,260 473 ↑90
20 mm low alloy medium plate Q345 Shanghai Magang 3,440 499 ↓30
Tianjin Tiangang Steel 3,350 486 ↑70
Average price - 3,395 493 ↑20
 

Boiler and container plate prices in local Chinese market
 
Product Name Spec. Quality City Steel Plant/Origin Price (RMB/mt) Price ($/mt) Weekly Change (RMB/mt)
Boiler plate 20 mm 20G Shangai Xinyu Steel 3,800 552 0
Beijing Anyang Steel 3,740 543 ↓50
Guangzhou Liuzhou Steel 4,180 607 ↓30
Average - 3,907 567 ↓27
Container plate 8 mm 16MnR Shangai Xinyu Steel 4,150 602 0
Guangzhou Liuzhou Steel 4,720 685 ↓30
Average - 4,435 644 ↓15
20 mm 16MnR Shangai Xinyu Steel 3,900 566 0
Beijing Jinan Steel 3,840 557 ↓50
Guangzhou Liuzhou Steel 4,230 614 ↓30
Average - 3,990 579 ↓27
 

Shipbuilding plate prices in local Chinese market
 
Product Name Spec. City Quality Place of Origin Price (RMB/mt) Price ($/mt) Weekly change (RMB/mt)
Shipbuilding Plate 8 mm Shanghai CCSA/B Xinyu Steel 3,850 559 ↓30
Jinan CCSA/B Jinan Steel 3,640 528 ↓20
Guangzhou CCSA/B Shaoguan Steel 3,960 575 0
Average - - 3,817 554 ↓16
20 mm Shanghai CCSA/B Xinyu Steel 3,570 518 ↓30
Jinan CCSA/B Jinan Steel 3,420 496 ↓20
Guangzhou CCSA/B Shaoguan Steel 3,780 549 0
Average - - 3,590 521 ↓16
 

17 percent VAT is included in all prices and all prices are ex-warehouse.
 
$1 = RMB 6.89


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