During the week ending August 12, average prices of steel plate in the Chinese domestic market have moved down, while transaction activity in the overall steel plate market has been at low levels. Average steel plate prices in China are presented in the table below.
During the given week, iron ore futures prices at Dalian Commodity Exchange (DCE) have moved on a downward trend, weakening the support for the steel plate market. At the same time, Typhoon Lekima has hit some regions of Yangtze River Delta over the past weekend, negatively affecting demand for steel plate from downstream users. However, ferrous metal futures prices have bottomed up on August 12, if this trend continues, it will exert a positive impact on steel plate prices in the near future. 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 ($/mt) |
Weekly change (RMB/mt) |
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,180 |
595 |
↓10 |
Tianjin |
Tiangang Steel |
4,020 |
573 |
↓100 |
||
Lecong |
Shaoguan Steel |
4,280 |
610 |
↓30 |
||
Average price |
- |
4,160 |
593 |
↓47 |
||
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
3,830 |
546 |
↓30 |
Tianjin |
Tiangang Steel |
3,720 |
530 |
↓90 |
||
Lecong |
Shaoguan Steel |
3,970 |
566 |
↓30 |
||
Average price |
- |
3,840 |
547 |
↓50 |
||
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
3,900 |
556 |
↓30 |
Tianjin |
Tiangang Steel |
3,720 |
530 |
↓90 |
||
Average price, |
- |
3,810 |
543 |
↓60 |
||
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,030 |
574 |
↓30 |
Tianjin |
Tiangang Steel |
3,950 |
563 |
↓90 |
||
Average price |
- |
3,990 |
568 |
↓60 |
Boiler and container plate prices in local Chinese market
Product name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,410 |
628 |
↓40 |
Beijing |
Anyang Steel |
4,340 |
618 |
↓80 |
|||
Guangzhou |
Liuzhou Steel |
4,780 |
681 |
↓30 |
|||
Average |
- |
4,510 |
642 |
↓50 |
|||
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,760 |
678 |
↓40 |
Guangzhou |
Liuzhou Steel |
5,290 |
754 |
↓30 |
|||
Average |
- |
5,025 |
716 |
↓35 |
|||
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,510 |
642 |
↓40 |
|
Beijing |
Jinan Steel |
4,450 |
634 |
↓80 |
|||
Guangzhou |
Liuzhou Steel |
4,850 |
691 |
↓30 |
|||
Average |
- |
4,603 |
656 |
↓50 |
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 |
4,750 |
677 |
↓10 |
Jinan |
CCSA/B |
Jinan Steel |
4,930 |
702 |
0 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,680 |
667 |
↓30 |
||
Average |
- |
- |
4,787 |
682 |
↓13 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,330 |
617 |
↓10 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,710 |
671 |
0 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,470 |
637 |
↓30 |
||
Average |
- |
- |
4,503 |
642 |
↓13 |
13 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 7.02