During the week ending January 15, average prices of steel plate in the Chinese domestic market have continued to decrease, 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.
During the given week, ferrous metals futures prices in China have decreased, exerting a negative impact on the domestic steel plate market, while bearish sentiment has contributed to the low transaction activity. With prices declining, buyers are mostly maintaining a wait-and-see stance. Meanwhile, inventory levels in the steel plate market have risen slightly. It is thought that steel plate prices in the Chinese domestic market will likely continue their soft trend in the coming week.
Medium plate prices in local Chinese market
|
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,350 |
677 |
↓50 |
|
Tianjin |
Tiangang Steel |
4,230 |
658 |
↓120 |
||
|
Lecong |
Shaoguan Steel |
4,670 |
726 |
↓130 |
||
|
Average price |
- |
4,417 |
687 |
↓100 |
||
|
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,100 |
638 |
↓50 |
|
Tianjin |
Tiangang Steel |
3,930 |
611 |
↓120 |
||
|
Lecong |
Shaoguan Steel |
4,260 |
663 |
↓130 |
||
|
Average price |
- |
4,096 |
637 |
↓100 |
||
|
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,150 |
645 |
↓50 |
|
Tianjin |
Tiangang Steel |
3,930 |
611 |
↓120 |
||
|
Average price |
- |
4,040 |
628 |
↓85 |
||
|
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,300 |
669 |
↓40 |
|
Tianjin |
Tiangang Steel |
4,080 |
635 |
↓120 |
||
|
Average price |
- |
4,190 |
652 |
↓80 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,500 |
700 |
↓30 |
|
Beijing |
Anyang Steel |
4,680 |
728 |
0 |
|||
|
Guangzhou |
Liuzhou Steel |
4,770 |
742 |
↓50 |
|||
|
Average |
- |
4,650 |
723 |
↓27 |
|||
|
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,850 |
754 |
↓30 |
|
Guangzhou |
Liuzhou Steel |
5,310 |
826 |
↓50 |
|||
|
Average |
- |
5,080 |
790 |
↓40 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,600 |
715 |
↓30 |
|
|
Beijing |
Jinan Steel |
4,780 |
743 |
0 |
|||
|
Guangzhou |
Liuzhou Steel |
4,820 |
750 |
↓50 |
|||
|
Average |
- |
4,733 |
736 |
↓27 |
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 |
4,780 |
743 |
↓60 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,620 |
719 |
↓100 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,890 |
760 |
↓40 |
||
|
Average |
- |
- |
4,763 |
741 |
↓67 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,500 |
700 |
↓60 |
|
|
Jinan |
CCSA/B |
Jinan Stee |
4,400 |
684 |
↓100 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,680 |
728 |
↓40 |
||
|
Average |
- |
- |
4,526 |
704 |
↓67 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.43