Chinese domestic steel plate market moves on stable trend

Monday, 19 August 2019 17:16:53 (GMT+3)   |   Shanghai
       

As of August 19, average prices of steel plate in the Chinese domestic market have indicated a stable trend, while transaction activity in the domestic market is at middle levels compared to the previous week. Average steel plate prices in China are presented in the table below.

During the given week, average prices of steel plate in the Chinese domestic market have indicated a stable trend. Steel production restrictions have continued due to environmental protection measures, providing support for the steel plate market. A wait-and-see mood prevails among market players, limiting transaction volumes and the possibility of upward movement of prices. It is thought that steel plate prices in the Chinese domestic market will likely move down slightly in the coming week.

  Product name

Specification

Category

Average Price (RMB/mt)

Weekly change (RMB/mt)

Price

($/mt)

Weekly change ($/mt)

Common carbon medium plate

20 mm

Q235

3,843

+3

546

0

Low alloy medium plate

20 mm

Q345

3,990

0

568

0

Shipbuilding plate

20 mm      

CCS A/B

4,503

0

640

0

13 percent VAT is included in all prices and all prices are ex-warehouse.

$1 = RMB 7.04

 


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