During the week ending August 21, average prices of steel plate in the Chinese domestic market have been mainly stable, with prices of common carbon medium plate and shipbuilding plate just indicating very slight increases. 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, domestic steelmakers’ output volumes of steel plate have not indicated any significant rises, while inventory levels in the spot market have risen slightly. At the same time, inventory levels held by steelmakers have also increased, which may exert some negative pressure on steel plate prices. However, at present, steel plate producers have received sufficient orders from downstream users and traders and so they are unlikely to reduce their ex-works prices. 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 ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,300 |
645 |
↑10 |
|
Tianjin |
Tiangang Steel |
4,200 |
630 |
0 |
||
|
Lecong |
Shaoguan Steel |
4,390 |
658 |
0 |
||
|
Average price |
- |
4,296 |
644 |
↑3 |
||
|
20 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,000 |
600 |
↑10 |
|
Tianjin |
Tiangang Steel |
3,900 |
585 |
0 |
||
|
Lecong |
Shaoguan Steel |
3,980 |
597 |
0 |
||
|
Average price |
- |
3,959 |
594 |
↑3 |
||
|
30 mm common carbon mediumplate |
Q235 |
Shanghai |
Ansteel |
3,960 |
594 |
↑10 |
|
Tianjin |
Tiangang Steel |
3,900 |
585 |
0 |
||
|
Average price |
- |
3,930 |
589 |
↑5 |
||
|
20 mm low alloy mediumplate |
Q345 |
Shanghai |
Magang |
4,170 |
625 |
0 |
|
Tianjin |
Tiangang Steel |
4,050 |
607 |
0 |
||
|
Average price |
- |
4,110 |
616 |
0 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boilerplate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,150 |
622 |
0 |
|
Beijing |
Anyang Steel |
4,320 |
648 |
↓30 |
|||
|
Guangzhou |
Liuzhou Steel |
4,340 |
651 |
0 |
|||
|
Average |
- |
4,270 |
640 |
↓10 |
|||
|
Containerplate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,550 |
682 |
↑50 |
|
Guangzhou |
Liuzhou Steel |
4,880 |
732 |
0 |
|||
|
Average |
- |
4,715 |
707 |
↑25 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,250 |
637 |
0 |
|
|
Beijing |
Jinan Steel |
4,410 |
661 |
↓30 |
|||
|
Guangzhou |
Liuzhou Steel |
4,390 |
658 |
0 |
|||
|
Average |
- |
4,350 |
652 |
↓10 |
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 |
4,280 |
642 |
↓20 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,390 |
658 |
↓30 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,280 |
642 |
↓110 |
||
|
Average |
- |
- |
4,317 |
647 |
↓53 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,000 |
600 |
↓20 |
|
|
Jinan |
CCSA/B |
Jinan Steel |
4,170 |
625 |
↓30 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
3,980 |
597 |
↑120 |
||
|
Average |
- |
- |
4,043 |
606 |
↑13 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.67