During the week ending June 12, average prices of medium steel plate in the Chinese domestic market have edged up slightly, while shipbuilding plate prices have remained unchanged, with transaction activity in the overall steel plate market at medium levels. Average steel plate prices in China are presented in the table below.
During the given week, amid increases in the steel futures market in China, sentiment has improved in the domestic steel plate market and spot market prices have risen slightly. Inventories in the steel plate market are at relatively low levels, with some specifications in short supply. Plate producers in northern China have been receiving plenty of orders. However, rainy weather in southern China will likely exert some negative pressure on the steel plate market in the coming period. It is thought that steel plate prices in the Chinese domestic market will likely move sideways or indicate a slight uptrend in the coming week.
Medium plate prices in local Chinese market
Product Name | Quality | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
8 mm common carbon medium plate | Q235 | Shanghai | Magang | 3,540 | 521 | 0 |
Tianjin | Tiangang Steel | 3,570 | 525 | ↑20 | ||
Lecong | Shaoguan Steel | 3,770 | 554 | ↑10 | ||
Average price | - | 3,627 | 533 | ↑10 | ||
20 mm common carbon medium plate | Q235 | Shangai | Magang | 3,310 | 487 | 0 |
Tianjin | Tiangang Steel | 3,270 | 481 | ↑20 | ||
Lecong | Shaoguan Steel | 3,360 | 494 | ↑50 | ||
Average price | - | 3,313 | 487 | ↑23 | ||
30 mm common carbon medium plate | Q235 | Shanghai | Ansteel | 3,330 | 490 | 0 |
Tianjin | Tiangang Steel | 3,270 | 481 | ↑20 | ||
Average price | - | 3,300 | 485 | ↑10 | ||
20 mm low alloy medium plate | Q345 | Shanghai | Magang | 3,470 | 510 | 0 |
Tianjin | Tiangang Steel | 3,420 | 503 | ↑20 | ||
Average price | - | 3,445 | 507 | ↑10 |
Boiler and container plate prices in local Chinese market
Product Name | Spec. | Quality | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 3,770 | 554 | 0 |
Beijing | Anyang Steel | 3,780 | 556 | ↑70 | |||
Guangzhou | Liuzhou Steel | 4,170 | 613 | 0 | |||
Average | - | 3,906 | 574 | ↑23 | |||
Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 4,150 | 610 | ↑30 |
Guangzhou | Liuzhou Steel | 4,710 | 693 | 0 | |||
Average | - | 4,430 | 651 | ↑15 | |||
20 mm | 16MnR | Shangai | Xinyu Steel | 3,870 | 569 | 0 | |
Beijing | Jinan Steel | 3,880 | 571 | ↑70 | |||
Guangzhou | Liuzhou Steel | 4,220 | 621 | 0 | |||
Average | - | 3,990 | 587 | ↑23 |
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 | 3,910 | 575 | 0 |
Jinan | CCSA/B | Jinan Steel | 3,880 | 571 | 0 | ||
Guangzhou | CCSA/B | Shaoguan Steel | 3,980 | 585 | 0 | ||
Average | - | - | 3,923 | 577 | 0 | ||
20 mm | Shanghai | CCSA/B | Xinyu Steel | 3,630 | 534 | 0 | |
Jinan | CCSA/B | Jinan Steel | 3,660 | 538 | 0 | ||
Guangzhou | CCSA/B | Shaoguan Steel | 3,800 | 559 | 0 | ||
Average | - | - | 3,697 | 544 | 0 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.80