Chinese domestic steel plate prices decrease

Monday, 12 August 2019 12:02:37 (GMT+3)   |   Shanghai
       

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

 

 


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