During the week ending April 15, average prices of steel plate in the Chinese domestic market have edged up, while transaction activity in the overall steel plate market has been at low-to-medium levels. Average steel plate prices in China are presented in the table below.
During the given week, ferrous metal futures prices in China have increased, exerting a positive impact on domestic steel plate prices. However, following the rises in steel plate prices, market participants have become more cautious on the prospects for the price trend, with some traders being willing to negotiate on prices in order to lower their inventory levels. It is expected that steel plate prices in the Chinese domestic market will fluctuate within a limited range in the coming week.
Medium plate prices in local Chinese market
|
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
|
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,390 |
654 |
↑10 |
|
Tianjin |
Tiangang Steel |
4,290 |
639 |
↑10 |
||
|
Lecong |
Shaoguan Steel |
4,560 |
680 |
↑60 |
||
|
Average price |
- |
4,413 |
658 |
↑27 |
||
|
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,120 |
614 |
↑40 |
|
Tianjin |
Tiangang Steel |
3,980 |
593 |
↑10 |
||
|
Lecong |
Shaoguan Steel |
4,250 |
633 |
↑60 |
||
|
Average price |
- |
4,117 |
614 |
↑37 |
||
|
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,210 |
627 |
↑60 |
|
Tianjin |
Tiangang Steel |
3,980 |
593 |
↑10 |
||
|
Average price |
- |
4,095 |
610 |
↑35 |
||
|
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,300 |
641 |
↑30 |
|
Tianjin |
Tiangang Steel |
4,200 |
626 |
↑10 |
||
|
Average price |
- |
4,250 |
633 |
↑20 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
|
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,630 |
690 |
0 |
|
Beijing |
Anyang Steel |
4,670 |
696 |
↑30 |
|||
|
Guangzhou |
Liuzhou Steel |
4,980 |
742 |
0 |
|||
|
Average |
- |
4,760 |
709 |
↑10 |
|||
|
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,980 |
742 |
0 |
|
Guangzhou |
Liuzhou Steel |
5,420 |
808 |
0 |
|||
|
Average |
- |
5,200 |
775 |
0 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,730 |
705 |
0 |
|
|
Beijing |
Jinan Steel |
4,780 |
712 |
↑30 |
|||
|
Guangzhou |
Liuzhou Steel |
5,050 |
753 |
0 |
|||
|
Average |
- |
4,853 |
723 |
↑10 |
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 |
4,800 |
715 |
↑50 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,930 |
735 |
↑20 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,780 |
712 |
0 |
||
|
Average |
- |
- |
4,837 |
721 |
↑23 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,490 |
669 |
↑50 |
|
|
Jinan |
CCSA/B |
Jinan Steel |
4,710 |
702 |
↑20 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,570 |
681 |
0 |
||
|
Average |
- |
- |
4,590 |
684 |
↑23 |
13 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.71