During the week ending August 13, average prices of steel plate in the Chinese domestic market have continued to increase. Transaction activity in the overall steel plate market has been at medium levels. Average steel plate prices in China are presented in the table below.
During the given week, ferrous metal futures prices have moved up, exerting a positive impact on steel plate prices in spot market. Meanwhile, there were insufficient resources in spot market, bolstering steel plate prices. Moreover, steelmakers have increased their ex-works prices for steel plate, providing certain support to steel plate prices from cost side. It is expected that steel plate prices in the Chinese domestic market will edge up in the coming week.
Medium plate prices in local Chinese market
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,900 |
712 |
↑60 |
Tianjin |
Tiangang Steel |
4,660 |
677 |
↑60 |
||
Lecong |
Shaoguan Steel |
4,870 |
708 |
↑50 |
||
Average price |
- |
4,810 |
699 |
↑57 |
||
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,450 |
647 |
↑70 |
Tianjin |
Tiangang Steel |
4,360 |
634 |
↑60 |
||
Lecong |
Shaoguan Steel |
4,550 |
661 |
↑50 |
||
Average price |
- |
4,453 |
647 |
↑60 |
||
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,550 |
661 |
↑80 |
Tianjin |
Tiangang Steel |
4,360 |
634 |
↑60 |
||
Average price |
- |
4,455 |
648 |
↑70 |
||
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,660 |
677 |
↑70 |
Tianjin |
Tiangang Steel |
4,540 |
660 |
↑60 |
||
Average price |
- |
4,600 |
669 |
↑65 |
Boiler and container plate prices in local Chinese market
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,880 |
709 |
↑80 |
Beijing |
Anyang Steel |
4,950 |
719 |
↑60 |
|||
Guangzhou |
Liuzhou Steel |
5,210 |
757 |
↑40 |
|||
Average |
- |
5,013 |
729 |
↑60 |
|||
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
5,230 |
760 |
↑80 |
Guangzhou |
Liuzhou Steel |
5,700 |
828 |
↑40 |
|||
Average |
- |
5,465 |
794 |
↑60 |
|||
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,980 |
724 |
↑80 |
|
Beijing |
Jinan Steel |
5,050 |
734 |
↑60 |
|||
Guangzhou |
Liuzhou Steel |
5,260 |
765 |
↑40 |
|||
Average |
- |
5,096 |
741 |
↑60 |
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 |
5,050 |
734 |
↑30 |
Jinan |
CCSA/B |
Jinan Steel |
5,060 |
735 |
↑30 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
5,080 |
738 |
0 |
||
Average |
- |
- |
5,063 |
736 |
↑20 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,770 |
693 |
↑30 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,840 |
703 |
↑30 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,870 |
708 |
0 |
||
Average |
- |
- |
4,837 |
703 |
↑20 |
16 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.88