During the week ending September 10, average prices of steel plate in the Chinese domestic market have increased, 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, domestic steelmakers raised their ex-works prices for steel plate against the backdrop of production cuts in northern China, exerting a positive impact on the steel plate market. Market participants are mostly optimistic on the prospect for the steel plate market trend due to the production restriction policy for the winter season. It is thought that steel plate prices in the Chinese domestic market will likely edge up further in the coming week.
Medium plate prices in local Chinese market
|
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,920 |
719 |
↓80 |
|
Tianjin |
Tiangang Steel |
4,650 |
680 |
↓50 |
||
|
Lecong |
Shaoguan Steel |
4,950 |
724 |
0 |
||
|
Average price |
- |
4,840 |
708 |
↓43 |
||
|
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,460 |
652 |
↓30 |
|
Tianjin |
Tiangang Steel |
4,350 |
636 |
↓50 |
||
|
Lecong |
Shaoguan Steel |
4,630 |
677 |
0 |
||
|
Average price |
- |
4,480 |
655 |
↓27 |
||
|
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,630 |
677 |
↑30 |
|
Tianjin |
Tiangang Steel |
4,350 |
636 |
↓50 |
||
|
Average price |
- |
4,490 |
656 |
↓10 |
||
|
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,670 |
683 |
↓30 |
|
Tianjin |
Tiangang Steel |
4,540 |
664 |
↓50 |
||
|
Average price |
- |
4,605 |
673 |
↓40 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,900 |
714 |
↑20 |
|
Beijing |
Anyang Steel |
5,070 |
739 |
↑70 |
|||
|
Guangzhou |
Liuzhou Steel |
5,210 |
759 |
0 |
|||
|
Average |
- |
5,060 |
738 |
↑30 |
|||
|
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
5,220 |
761 |
↑70 |
|
Guangzhou |
Liuzhou Steel |
5,700 |
831 |
0 |
|||
|
Average |
- |
5,500 |
802 |
↑35 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
5,000 |
729 |
↑70 |
|
|
Beijing |
Jinan Steel |
5,190 |
757 |
↑20 |
|||
|
Guangzhou |
Liuzhou Steel |
5,260 |
767 |
0 |
|||
|
Average |
- |
5,150 |
751 |
↑30 |
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 |
5,140 |
749 |
↑20 |
|
Jinan |
CCSA/B |
Jinan Steel |
5,150 |
751 |
↑10 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
5,110 |
745 |
0 |
||
|
Average |
- |
- |
5,134 |
748 |
↑10 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,860 |
708 |
↑20 |
|
|
Jinan |
CCSA/B |
Jinan Steel |
4,930 |
719 |
↑10 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,900 |
714 |
0 |
||
|
Average |
- |
- |
4,897 |
714 |
↑10 |
16 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.86