During the week ending July 30, average prices of steel plate in the Chinese domestic market have moved on an upward trend. 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, while domestic semi-finished steel prices have continued to rise, with these factors having a positive impact on steel plate prices. Inventories in the steel plate market are at relatively low levels, providing further support for steel plate prices. It is expected that steel plate prices in the Chinese domestic market will move up further in the coming week.
Medium plate prices in local Chinese market
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,830 |
708 |
↑10 |
Tianjin |
Tiangang Steel |
4,580 |
672 |
↑70 |
||
Lecong |
Shaoguan Steel |
4,750 |
696 |
↑30 |
||
Average price |
- |
4,720 |
692 |
↑37 |
||
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,360 |
639 |
↑30 |
Tianjin |
Tiangang Steel |
4,280 |
628 |
↑70 |
||
Lecong |
Shaoguan Steel |
4,430 |
650 |
↑30 |
||
Average price |
- |
4,357 |
639 |
↑43 |
||
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,420 |
648 |
↑40 |
Tianjin |
Tiangang Steel |
4,280 |
628 |
↑70 |
||
Average price |
- |
4,350 |
638 |
↑55 |
||
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,560 |
669 |
↑30 |
Tianjin |
Tiangang Steel |
4,460 |
654 |
↑70 |
||
Average price |
- |
4,510 |
661 |
↑50 |
Boiler and container plate prices in local Chinese market
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,750 |
696 |
↓50 |
Beijing |
Anyang Steel |
4,860 |
713 |
↑30 |
|||
Guangzhou |
Liuzhou Steel |
5,150 |
755 |
0 |
|||
Average |
- |
4,920 |
721 |
↓7 |
|||
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
5,100 |
748 |
↓50 |
Guangzhou |
Liuzhou Steel |
5,640 |
827 |
0 |
|||
Average |
- |
5,370 |
787 |
↓25 |
|||
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,850 |
711 |
↓50 |
|
Beijing |
Jinan Steel |
4,960 |
727 |
↑30 |
|||
Guangzhou |
Liuzhou Steel |
5,200 |
762 |
0 |
|||
Average |
- |
5,003 |
734 |
↓7 |
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 |
4,980 |
730 |
↓20 |
Jinan |
CCSA/B |
Jinan Steel |
5,000 |
733 |
↑80 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
5,060 |
742 |
0 |
||
Average |
- |
- |
5,013 |
735 |
↑20 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,700 |
689 |
↓20 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,780 |
701 |
↑80 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,850 |
711 |
0 |
||
Average |
- |
- |
4,777 |
700 |
↑20 |
16 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.82