During the week ending April 16, average prices of steel plate in the Chinese domestic market have seen an overall rising trend, while boiler and container plate prices remained stable. Meanwhile, transaction activity has been at medium levels. Average steel plate prices in China are presented in the table below.
During the given week, the demand for steel plate has improved, lowering the inventory level and providing certain support to steel plate prices. Market players have been optimistic towards prospect for the steel plate future market. However, steel producers’ steel plate output has seen rises, which will likely exert a negative impact on steel plate market. Meanwhile, following previous rises seen in ferrous metals futures prices, they moved down on April 16, which will likely negatively affect the steel plate market this week. 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 ($/mt) |
Weekly Change (RMB/mt) |
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,570 |
728 |
↑40 |
Tianjin |
Tiangang Steel |
4,450 |
709 |
↑20 |
||
Lecong |
Shaoguan Steel |
4,710 |
750 |
↑10 |
||
Average price |
- |
4,576 |
729 |
↑23 |
||
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,230 |
674 |
↑70 |
Tianjin |
Tiangang Steel |
4,150 |
661 |
↑20 |
||
Lecong |
Shaoguan Steel |
4,400 |
701 |
↑20 |
||
Average price |
- |
4,260 |
678 |
↑37 |
||
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,330 |
689 |
↑130 |
Tianjin |
Tiangang Steel |
4,150 |
661 |
↑20 |
||
Average price |
- |
4,240 |
675 |
↑75 |
||
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,460 |
710 |
↑70 |
Tianjin |
Tiangang Steel |
4,300 |
685 |
↑20 |
||
Average price |
- |
4,380 |
697 |
↑45 |
Boiler and container plate prices in local Chinese market
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,680 |
745 |
0 |
Beijing |
Anyang Steel |
4,850 |
772 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,790 |
763 |
0 |
|||
Average |
- |
4,773 |
760 |
0 |
|||
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,980 |
793 |
0 |
Guangzhou |
Liuzhou Steel |
5,330 |
849 |
0 |
|||
Average |
- |
5,155 |
821 |
0 |
|||
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,730 |
753 |
0 |
|
Beijing |
Jinan Steel |
4,850 |
772 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,840 |
771 |
0 |
|||
Average |
- |
4,806 |
765 |
0 |
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 |
4,830 |
769 |
↑20 |
Jinan |
CCSA/B |
Jinan Steel |
4,810 |
766 |
↑10 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,930 |
785 |
0 |
||
Average |
- |
- |
4,857 |
773 |
↑10 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,550 |
725 |
↑20 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,590 |
731 |
↑10 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,720 |
752 |
0 |
||
Average |
- |
- |
4,620 |
736 |
↑10 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.28