As of December 26, average prices of steel plate in the Chinese domestic market have decreased compared to one week ago, while transaction activity in the overall market has been at low levels. Average steel plate prices in China are presented in the tables below.
In the given week, steel plate prices in China have moved down and overall transaction activity has been slacker than the previous week and is now at low levels. During the past week,
ferrous metal futures prices in China have indicated downward corrections, exerting negative pressure on steel plate prices in the spot market. Meanwhile, domestic steel plate inventories are still at relatively low levels in the local Chinese market and are expected to provide a certain degree of support for steel plate prices. It is thought that Chinese domestic steel plate offers will move sideways in the coming week.
Medium plate prices in local Chinese market
Product Name |
Category |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
3,670 |
528 |
↓250 |
Tianjin |
Tiangang Steel |
3,780 |
544 |
↓120 |
||
Lecong |
Shaoguan Steel |
4,110 |
591 |
↓70 |
||
Average price |
- |
3,853 |
554 |
↓147 |
||
20 mm common carbon medium plate |
Q235 |
Shangai |
Magang |
3,400 |
489 |
↓250 |
Tianjin |
Tiangang Steel |
3,480 |
501 |
↓120 |
||
Lecong |
Shaoguan Steel |
3,820 |
550 |
↓70 |
||
Average price |
- |
3,567 |
513 |
↓147 |
||
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
3,450 |
496 |
↓250 |
Tianjin |
Tiangang Steel |
3,480 |
501 |
↓120 |
||
Average price |
- |
3,465 |
499 |
↓185 |
||
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
3,570 |
514 |
↓250 |
Tianjin |
Tiangang Steel |
3,630 |
522 |
↓120 |
||
Average price |
- |
3,600 |
518 |
↓185 |
Boiler and container plate prices in local Chinese market
Product Name |
Spec, |
Category |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Boiler plate |
20 mm |
20G |
Shangai |
Xinyu Steel |
3,900 |
561 |
↓100 |
Beijing |
Anyang Steel |
3,910 |
563 |
↓230 |
|||
Guangzhou |
Liuzhou Steel |
4,350 |
626 |
↓10 |
|||
Average |
- |
4,053 |
583 |
↓113 |
|||
Container plate |
8 mm |
16MnR |
Shangai |
Xinyu Steel |
4,250 |
612 |
0 |
Guangzhou |
Liuzhou Steel |
4,890 |
704 |
↓10 |
|||
Average |
- |
4,570 |
658 |
↓5 |
|||
20 mm |
16MnR |
Shangai |
Xinyu Steel |
4,000 |
576 |
0 |
|
Beijing |
Jinan Steel |
3,990 |
574 |
↓240 |
|||
Guangzhou |
Liuzhou Steel |
4,400 |
633 |
↓10 |
|||
Average |
- |
4,130 |
594 |
↓83 |
Shipbuilding plate prices in local Chinese market
Product Name |
Spec, |
City |
Category |
Place of Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
8 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,160 |
599 |
↑30 |
|
Jinan |
CCSA/B |
Jinan Steel |
3,940 |
567 |
↓110 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,210 |
606 |
↓30 |
||
Average |
- |
- |
4,103 |
590 |
↓37 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
3,880 |
558 |
↑30 |
|
Jinan |
CCSA/B |
Jinan Steel |
3,720 |
535 |
↓110 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,030 |
580 |
↓30 |
||
Average |
- |
- |
3,877 |
558 |
↓37 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.95