Chinese domestic steel plate market moves up slightly

Monday, 16 July 2018 14:30:44 (GMT+3)   |   Shanghai
       

During the week ending July 16, average prices of steel plate in the Chinese domestic market have increased slightly. 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, sentiment has been upbeat in the domestic steel plate market, resulting in slight rises in prices. However, transaction activity has been at low-to-medium levels. Currently, there are limited new supplies arriving in the market, which provides support from the supply side. 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

4,820

722

↑10

Tianjin

Tiangang Steel

4,520

677

↑50

Lecong

Shaoguan Steel

4,730

708

0

Average price

-

4,690

702

↑20

20 mm common carbon medium plate

Q235

Shanghai

Magang

4,350

651

↑20

Tianjin

Tiangang Steel

4,220

632

↑50

Lecong

Shaoguan Steel

4,410

660

0

Average price

-

4,326

648

↑23

30 mm common carbon medium plate

Q235

Shanghai

Ansteel

4,390

657

↑20

Tianjin

Tiangang Steel

4,220

632

↑50

Average price

-

4,305

644

↑35

20 mm low alloy medium plate

Q345

Shanghai

Magang

4,540

680

0

Tianjin

Tiangang Steel

4,440

665

↑80

Average price

-

4,490

672

↑40

 

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

4,860

728

0

Beijing

Anyang Steel

4,850

726

↑70

Guangzhou

Liuzhou Steel

5,150

771

0

Average

-

4,953

741

↑23

Container plate

8 mm

16MnR

Shanghai

Xinyu Steel

5,210

780

0

Guangzhou

Liuzhou Steel

5,640

844

0

Average

-

5,425

812

0

20 mm

16MnR

Shanghai

Xinyu Steel

4,960

743

0

Beijing

Jinan Steel

4,950

741

↑70

Guangzhou

Liuzhou Steel

5,200

778

0

Average

-

5,036

754

↑23

 

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

5,000

749

0

Jinan

CCSA/B

Jinan Steel

4,920

737

↑30

Guangzhou

CCSA/B

Shaoguan Steel

5,060

757

0

Average

-

-

4,993

747

↑10

20 mm

Shanghai

CCSA/B

Xinyu Steel

4,720

707

0

Jinan

CCSA/B

Jinan Steel

4,700

704

↑30

Guangzhou

CCSA/B

Shaoguan Steel

4,850

726

0

Average

-

-

4,757

712

↑10

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

$1 = RMB 6.68


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