During the week ending October 9, average prices of steel plate in the Chinese domestic market have increased significantly, 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 period, semi-finished steel prices in northern China have indicated significant rises, exerting a positive impact on steel plate prices, with traders increasing their offer prices after the long National Day Holiday (October 1-8). Moreover, most steelmakers have increased their ex-works prices for steel plate, also bolstering steel plate prices in the spot market. However, demand has not shown any significant improvement. It is thought that steel plate prices in the Chinese domestic market will likely move sideways in the coming week.
Medium plate prices in local Chinese market
|
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,450 |
672 |
↑160 |
|
Tianjin |
Tiangang Steel |
4,360 |
659 |
↑120 |
||
|
Lecong |
Shaoguan Steel |
4,680 |
707 |
↑50 |
||
|
Average price |
- |
4,497 |
679 |
↑110 |
||
|
20 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,160 |
628 |
↑240 |
|
Tianjin |
Tiangang Steel |
4,060 |
613 |
↑120 |
||
|
Lecong |
Shaoguan Steel |
4,270 |
645 |
↑50 |
||
|
Average price |
- |
4,163 |
629 |
↑137 |
||
|
30 mm common carbon mediumplate |
Q235 |
Shanghai |
Ansteel |
4,230 |
639 |
↑250 |
|
Tianjin |
Tiangang Steel |
4,060 |
613 |
↑120 |
||
|
Average price |
- |
4,145 |
626 |
↑185 |
||
|
20 mm low alloy mediumplate |
Q345 |
Shanghai |
Magang |
4,300 |
650 |
↑220 |
|
Tianjin |
Tiangang Steel |
4,210 |
636 |
↑120 |
||
|
Average price |
- |
4,255 |
643 |
↑170 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boilerplate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,350 |
657 |
↑20 |
|
Beijing |
Anyang Steel |
4,780 |
722 |
↑300 |
|||
|
Guangzhou |
Liuzhou Steel |
4,450 |
672 |
0 |
|||
|
Average |
- |
4,527 |
684 |
↑77 |
|||
|
Containerplate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,700 |
710 |
↑20 |
|
Guangzhou |
Liuzhou Steel |
4,990 |
754 |
0 |
|||
|
Average |
- |
4,845 |
732 |
↑10 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,450 |
672 |
↑20 |
|
|
Beijing |
Jinan Steel |
4,760 |
719 |
↑200 |
|||
|
Guangzhou |
Liuzhou Steel |
4,500 |
680 |
0 |
|||
|
Average |
- |
4,570 |
690 |
↑73 |
Shipbuilding plate prices in local Chinese market
|
Product Name |
Spec. |
City |
Quality |
Place of Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
|
ShipbuildingPlate |
8 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,630 |
699 |
0 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,700 |
710 |
↑170 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,560 |
689 |
↑80 |
||
|
Average |
- |
- |
4,630 |
699 |
↑83 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,350 |
657 |
0 |
|
|
Jinan |
CCSA/B |
Jinan Stee |
4,480 |
677 |
↑170 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,380 |
662 |
↑50 |
||
|
Average |
- |
- |
4,402 |
665 |
↑73 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.62