Chinese domestic steel plate prices mostly move up

Monday, 28 January 2019 15:25:31 (GMT+3)   |   Shanghai
       

During the week ending January 28, average prices of steel plate in the Chinese domestic market have edged up for common carbon and low alloy medium plate, though indicating slight decreases for shipbuilding plate, 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, steel plate inventories in the domestic market have been at relatively low levels, providing support for steel plate prices. Meanwhile, some steel plate producers have increased their offer prices. Demand for steel plate will become slacker ahead of the Chinese New Year holiday (February 2-10). It is expected that steel plate prices in the Chinese domestic market will move sideways 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

4,160

617

↓10

Tianjin

Tiangang Steel

4,120

611

↑40

Lecong

Shaoguan Steel

4,340

644

0

Average price

-

4,207

624

↑10

20 mm common carbon medium plate

Q235

Shanghai

Magang

3,900

579

↑80

Tianjin

Tiangang Steel

3,810

565

↑40

Lecong

Shaoguan Steel

4,030

598

0

Average price

-

3,913

581

↑40

30 mm common carbon medium plate

Q235

Shanghai

Ansteel

3,980

591

↑110

Tianjin

Tiangang Steel

3,810

565

↑40

Average price

-

3,895

578

↑75

20 mm low alloy medium plate

Q345

Shanghai

Magang

4,130

613

↑50

Tianjin

Tiangang Steel

4,010

595

↑50

Average price

-

4,070

604

↑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

4,380

650

0

Beijing

Anyang Steel

4,410

654

0

Guangzhou

Liuzhou Steel

4,930

731

↓20

Average

-

4,573

679

↓7

Container plate

8 mm

16MnR

Shanghai

Xinyu Steel

4,730

702

0

Guangzhou

Liuzhou Steel

5,370

797

0

Average

-

5,050

749

0

20 mm

16MnR

Shanghai

Xinyu Steel

4,480

665

0

Beijing

Jinan Steel

4,530

672

0

Guangzhou

Liuzhou Steel

5,000

742

0

Average

-

4,670

693

0

 

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

4,470

663

0

Jinan

CCSA/B

Jinan Steel

4,670

693

↑30

Guangzhou

CCSA/B

Shaoguan Steel

4,730

702

↓50

Average

-

-

4,623

686

↓7

20 mm

Shanghai

CCSA/B

Xinyu Steel

4,160

617

0

Jinan

CCSA/B

Jinan Steel

4,450

660

↑30

Guangzhou

CCSA/B

Shaoguan Steel

4,520

671

↓50

Average

-

-

4,377

649

↓7


16 percent VAT is included in all prices and all prices are ex-warehouse.

$1 = RMB 6.74


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