During the week ending August 16, average prices of common carbon and low alloy medium plate in the Chinese domestic market have continued to indicate an upward trend, though with shipbuilding plate prices remaining stable, while transaction activity in the overall market has been at decent levels. Average steel plate prices in China are presented in the table below.
During the given week, despite indicating declines in the last few trading days, ferrous metal futures prices in China have increased on week-on-week basis, exerting a positive impact on domestic steel plate prices. Bullish sentiment prevails among market players and they hold a positive view of the future prospects for the local steel plate market. Meanwhile, downstream users have stepped up their purchases of steel plate, resulting in improved transaction activity in the market. It is thought that steel plate prices in the Chinese domestic market will likely move upwards in the coming week.
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 3,110 | 469 | ↑20 |
| Tianjin | Tiangang Steel | 2,850 | 430 | ↑30 | ||
| Lecong | Shaoguan Steel | 3,050 | 460 | ↑20 | ||
| Average price | - | 3,003 | 453 | ↑23 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 2,680 | 404 | ↑20 |
| Tianjin | Tiangang Steel | 2,550 | 385 | ↑30 | ||
| Lecong | Shaoguan Steel | 2,700 | 407 | ↑20 | ||
| Average price | - | 2,643 | 399 | ↑23 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,750 | 415 | ↑20 |
| Tianjin | Tiangang Steel | 2,600 | 392 | ↑40 | ||
| Average price | - | 2,675 | 403 | ↑30 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,900 | 437 | ↑30 |
| Tianjin | Tiangang Steel | 2,700 | 407 | ↑30 | ||
| Average price | - | 2,800 | 422 | ↑30 |
Boiler and container plate prices in local Chinese market
| Product Name | Spec, | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 2,900 | 437 | 0 |
| Beijing | Anyang | 2,870 | 433 | 0 | |||
| Guangzhou | Liuzhou Steel | 3,080 | 465 | 0 | |||
| Ortalama | - | 2,950 | 445 | 0 | |||
| Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 3,250 | 490 | 0 |
| Guangzhou | Jinan Steel | 3,620 | 546 | 0 | |||
| Ortalama | - | 3,435 | 518 | 0 | |||
| 20 mm | 16MnR | Shangai | Xinyu Steel | 3,000 | 452 | 0 | |
| Beijing | Jinan Steel | 2,970 | 448 | 0 | |||
| Guangzhou | Liuzhou Steel | 3,150 | 475 | 0 | |||
| Ortalama | - | 3,040 | 459 | 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 | 3,020 | 456 | 0 |
| Jinan | CCSA/B | Jinan Steel | 2,890 | 436 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,990 | 451 | 0 | ||
| Average | - | - | 2,967 | 447 | 0 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,740 | 413 | 0 | |
| Jinan | CCSA/B | Jinan Steel | 2,720 | 410 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,780 | 419 | 0 | ||
| Average | - | - | 2,747 | 414 | 0 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.63