During the week ending May 6, average prices of steel plate in the Chinese domestic market have risen slightly, 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, average steel plate prices in China have risen by a small margin on the back of support from the cost side. However, production of steel plate has increased, which will likely exert a negative impact on steel plate prices. At the same time, the sharp decline in the Chinese stock market will also negatively affect the steel plate market. It is expected that steel plate prices in the Chinese domestic market will come under downward pressure in the coming week.
Medium plate prices in local Chinese market
|
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
|
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,430 |
656 |
↑40 |
|
Tianjin |
Tiangang Steel |
4,250 |
630 |
↑20 |
||
|
Lecong |
Shaoguan Steel |
4,620 |
684 |
↑10 |
||
|
Average price |
- |
4,433 |
657 |
↑23 |
||
|
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,140 |
613 |
↑20 |
|
Tianjin |
Tiangang Steel |
3,940 |
584 |
↑20 |
||
|
Lecong |
Shaoguan Steel |
4,310 |
639 |
↑10 |
||
|
Average price |
- |
4,130 |
612 |
↑17 |
||
|
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,240 |
628 |
↑10 |
|
Tianjin |
Tiangang Steel |
3,940 |
584 |
↑20 |
||
|
Average price |
- |
4,090 |
606 |
↑15 |
||
|
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,310 |
639 |
↑20 |
|
Tianjin |
Tiangang Steel |
4,140 |
613 |
↑20 |
||
|
Average price |
- |
4,225 |
626 |
↑20 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
|
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,630 |
686 |
0 |
|
Beijing |
Anyang Steel |
4,690 |
695 |
0 |
|||
|
Guangzhou |
Liuzhou Steel |
4,930 |
730 |
0 |
|||
|
Average |
- |
4,750 |
704 |
0 |
|||
|
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,980 |
738 |
0 |
|
Guangzhou |
Liuzhou Steel |
5,370 |
796 |
0 |
|||
|
Average |
- |
5,175 |
767 |
0 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,730 |
701 |
0 |
|
|
Beijing |
Jinan Steel |
4,800 |
711 |
0 |
|||
|
Guangzhou |
Liuzhou Steel |
5,000 |
741 |
0 |
|||
|
Average |
- |
4,843 |
717 |
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 |
4,950 |
733 |
↑100 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,930 |
730 |
0 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,780 |
708 |
0 |
||
|
Average |
- |
- |
4,886 |
724 |
↑33 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,570 |
677 |
↑30 |
|
|
Jinan |
CCSA/B |
Jinan Steel |
4,710 |
698 |
0 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,570 |
677 |
0 |
||
|
Average |
- |
- |
4,617 |
684 |
↑10 |
13 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.75