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