As of February 5, average prices of steel plate in the Chinese domestic market have decreased on week-on-week basis, while transaction activity in the overall steel plate market has been at low levels. Average steel plate prices in China are presented in the table below.
At the beginning of the given week, the downtrend of semi-finished steel prices in the Chinese domestic market exerted a negative impact on local steel plate prices. However, HRC futures prices in China increased, subsequently providing support for steel plate prices in the spot market. Currently, demand is slack due to the approach of the Chinese New Year holiday (February 15-21) and most market participants will be on holiday as of the end of the current week. It is expected that steel plate prices in the Chinese domestic market will move sideways in the coming week.
Medium plate prices in local Chinese market
|
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,350 |
692 |
0 |
|
Tianjin |
Tiangang Steel |
4,300 |
684 |
0 |
||
|
Lecong |
Shaoguan Steel |
4,590 |
730 |
↓60 |
||
|
Average price |
- |
4,413 |
702 |
↓20 |
||
|
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,100 |
652 |
↓50 |
|
Tianjin |
Tiangang Steel |
4,000 |
636 |
0 |
||
|
Lecong |
Shaoguan Steel |
4,180 |
665 |
↓70 |
||
|
Average price |
- |
4,093 |
651 |
↓40 |
||
|
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,160 |
661 |
↓20 |
|
Tianjin |
Tiangang Steel |
4,000 |
636 |
↑20 |
||
|
Average price |
- |
4,080 |
649 |
0 |
||
|
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,300 |
684 |
↓50 |
|
Tianjin |
Tiangang Steel |
4,150 |
660 |
0 |
||
|
Average price |
- |
4,225 |
672 |
↓25 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,500 |
715 |
↓50 |
|
Beijing |
Anyang Steel |
4,660 |
741 |
↓90 |
|||
|
Guangzhou |
Liuzhou Steel |
4,720 |
750 |
↓80 |
|||
|
Average |
- |
4,627 |
736 |
↓73 |
|||
|
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,900 |
779 |
↓50 |
|
Guangzhou |
Liuzhou Steel |
5,260 |
836 |
↓100 |
|||
|
Average |
- |
5,080 |
808 |
↓75 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,600 |
731 |
↓30 |
|
|
Beijing |
Jinan Steel |
4,760 |
757 |
↓90 |
|||
|
Guangzhou |
Liuzhou Steel |
4,770 |
758 |
↓100 |
|||
|
Average |
- |
4,710 |
749 |
↓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) |
|
Shipbuilding plate |
8 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,730 |
752 |
↓50 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,720 |
750 |
↑20 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,820 |
766 |
↓80 |
||
|
Average |
- |
- |
4,756 |
756 |
↓37 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,450 |
707 |
↓50 |
|
|
Jinan |
CCSA/B |
Jinan Stee |
4,500 |
715 |
↑20 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,610 |
733 |
↓90 |
||
|
Average |
- |
- |
4,520 |
719 |
↓40 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.29