Chinese domestic steel plate market continues to move on rising trend

Monday, 08 August 2016 15:25:27 (GMT+3)   |   Shanghai

During the week ending August 8, average prices of steel plate in the Chinese domestic market have continued to indicate an upward trend, while transaction activity in the overall market has improved a little but is still at low levels. Average steel plate prices in China are presented in the table below.

During the given week, demand for steel plate in China from downstream users has improved compared to the previous week. Meanwhile, ferrous metal futures prices in China have increased sharply, providing support for steel plate prices. Currently, supply of steel plate from steelmakers has returned to normal levels and so sufficient supplies are arriving in the market. It is thought that steel plate prices in the Chinese domestic market will likely edge up 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 3,090 464 ↑60
Tianjin Tiangang Steel 2,820 423 ↑30
Lecong Shaoguan Steel 3,030 455 ↑70
Average price - 2,980 447 ↑53
20 mm common carbon medium plate Q235 Shangai Magang 2,660 399 ↑50
Tianjin Tiangang Steel 2,520 378 ↑30
Lecong Shaoguan Steel 2,680 402 ↑30
Average price - 2,620 393 ↑37
30 mm common carbon medium plate Q235 Shanghai Magang 2,730 410 ↑40
Tianjin Tiangang Steel 2,560 384 ↑50
Average price - 2,645 397 ↑45
20 mm low alloy medium plate Q345 Shanghai Magang 2,870 431 ↑60
Tianjin Tiangang Steel 2,670 401 ↑30
Average price - 2,770 416 ↑45


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

435

100

Beijing

Anyang

2,870

431

30

Guangzhou

Liuzhou Steel

3,080

462

0

Ortalama

-

2,950

443

43

Container plate

8 mm

16MnR

Shangai

Xinyu Steel

3,250

488

100

Guangzhou

Jinan Steel

3,620

544

0

Ortalama

-

3,435

516

50

20 mm

16MnR

Shangai

Xinyu Steel

3,000

450

100

Beijing

Jinan Steel

2,970

446

30

Guangzhou

Liuzhou Steel

3,150

473

0

Ortalama

-

3,040

456

43

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

453

20

Jinan

CCSA/B

Jinan Steel

2,890

434

20

Guangzhou

CCSA/B

Shaoguan

2,990

449

50

Average

-

-

2,967

445

30

20 mm

Shanghai

CCSA/B

Xinyu Steel

2,740

411

20

Jinan

CCSA/B

Jinan Steel

2,720

408

20

Guangzhou

CCSA/B

Shaoguan

2,780

417

20

Average

-

-

2,747

412

20

17 percent VAT is included in all prices and all prices are ex-warehouse.
 
$1 = RMB 6.66


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