During the week ending June 25, average prices of steel plate in the Chinese domestic market have mostly move on a decreasing trend, though remaining stable for shipbuilding plate. 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, more steel plate resources have arrived at the market, exerting a negative impact on steel plate prices in spot market. Meanwhile, ferrous metals futures prices have seen an overall declining trend, also negatively affecting steel plate prices. At the same time, the demand from downstream users has slackened due to hot weather amid rainy season. It is expected that steel plate prices in the Chinese domestic market will continue to edge down in the coming week.
Medium plate prices in local Chinese market
|
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,940 |
755 |
↓20 |
|
Tianjin |
Tiangang Steel |
4,590 |
702 |
↓10 |
||
|
Lecong |
Shaoguan Steel |
4,850 |
742 |
↓80 |
||
|
Average price |
- |
4,793 |
733 |
↓37 |
||
|
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,410 |
674 |
↓130 |
|
Tianjin |
Tiangang Steel |
4,290 |
656 |
↓10 |
||
|
Lecong |
Shaoguan Steel |
4,530 |
693 |
↓70 |
||
|
Average price |
- |
4,410 |
674 |
↓70 |
||
|
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,480 |
685 |
↓160 |
|
Tianjin |
Tiangang Steel |
4,290 |
656 |
↓10 |
||
|
Average price |
- |
4,385 |
670 |
↓85 |
||
|
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,630 |
708 |
↓150 |
|
Tianjin |
Tiangang Steel |
4,480 |
685 |
↓10 |
||
|
Average price |
- |
4,555 |
696 |
↓80 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,880 |
746 |
↓20 |
|
Beijing |
Anyang Steel |
4,840 |
740 |
↑10 |
|||
|
Guangzhou |
Liuzhou Steel |
5,150 |
787 |
0 |
|||
|
Average |
- |
4,957 |
758 |
↓3 |
|||
|
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
5,230 |
800 |
↓20 |
|
Guangzhou |
Liuzhou Steel |
5,640 |
862 |
0 |
|||
|
Average |
- |
5,435 |
831 |
↓10 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,980 |
761 |
↓20 |
|
|
Beijing |
Jinan Steel |
4,940 |
755 |
↑10 |
|||
|
Guangzhou |
Liuzhou Steel |
5,200 |
795 |
0 |
|||
|
Average |
- |
5,040 |
771 |
↓3 |
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 |
5,130 |
784 |
0 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,940 |
755 |
0 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
5,060 |
774 |
0 |
||
|
Average |
- |
- |
5,043 |
771 |
0 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,850 |
742 |
0 |
|
|
Jinan |
CCSA/B |
Jinan Steel |
4,720 |
722 |
0 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,850 |
742 |
0 |
||
|
Average |
- |
- |
4,807 |
735 |
0 |
16 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.54