During the week ending May 22, average prices of steel plate in the Chinese domestic market have indicated a rising trend, while transaction activity in the overall 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 moved up, with support from decreasing plate inventory levels, while environmental protection measures have continued to impact positively on steel plate prices. Furthermore, the Chinese ferrous metal futures market has moved up, also providing support for steel plate prices. It is thought that steel plate prices in the Chinese domestic market will likely move up further in the coming week.
Medium plate prices in local Chinese market
| Product Name | Quality | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Magang | 3,560 | 517 | ↑90 |
| Tianjin | Tiangang Steel | 3,600 | 522 | ↑100 | ||
| Lecong | Shaoguan Steel | 3,760 | 546 | ↑50 | ||
| Average price | - | 3,640 | 528 | ↑80 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 3,340 | 485 | ↑90 |
| Tianjin | Tiangang Steel | 3,300 | 479 | ↑100 | ||
| Lecong | Shaoguan Steel | 3,350 | 486 | ↑50 | ||
| Average price | - | 3,330 | 483 | ↑80 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Ansteel | 3,410 | 495 | ↑90 |
| Tianjin | Tiangang Steel | 3,300 | 479 | ↑100 | ||
| Average price | - | 3,355 | 487 | ↑95 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 3,530 | 512 | ↑90 |
| Tianjin | Tiangang Steel | 3,450 | 501 | ↑100 | ||
| Average price | - | 3,490 | 507 | ↑95 |
Boiler and container plate prices in local Chinese market
| Product Name | Spec. | Quality | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 3,800 | 552 | 0 |
| Beijing | Anyang Steel | 3,840 | 557 | ↑100 | |||
| Guangzhou | Liuzhou Steel | 4,200 | 610 | ↑20 | |||
| Average | - | 3,947 | 573 | ↑40 | |||
| Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 4,150 | 602 | 0 |
| Guangzhou | Liuzhou Steel | 4,740 | 688 | ↑20 | |||
| Average | - | 4,445 | 645 | ↑10 | |||
| 20 mm | 16MnR | Shangai | Xinyu Steel | 3,900 | 566 | 0 | |
| Beijing | Jinan Steel | 3,940 | 572 | ↑100 | |||
| Guangzhou | Liuzhou Steel | 4,250 | 617 | ↑20 | |||
| Average | - | 4,030 | 585 | ↑40 |
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 | 0 |
| Jinan | CCSA/B | Jinan Steel | 3,790 | 550 | ↑150 | ||
| Guangzhou | CCSA/B | Shaoguan Steel | 3,960 | 575 | 0 | ||
| Average | - | - | 3,867 | 561 | ↑50 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 3,570 | 518 | 0 | |
| Jinan | CCSA/B | Jinan Steel | 3,570 | 518 | ↑150 | ||
| Guangzhou | CCSA/B | Shaoguan Steel | 3,780 | 549 | 0 | ||
| Average | - | - | 3,640 | 528 | ↑50 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.89