During the week ending October 15, average prices of steel plate in the Chinese domestic market have moved on diverse trends, with common carbon medium plate and shipbuilding plate prices seeing slight decreases, while low alloy medium plate prices seeing slight increases. 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 metal futures prices have seen an upward trend, while have not stimulated steel plate prices due to slack demand in steel plate market. Meanwhile, the inventory level of steel plate has been at comparatively high level, exerting a negative impact on steel plate prices. It is expected 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 ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,860 |
701 |
↓10 |
|
Tianjin |
Tiangang Steel |
4,530 |
654 |
↓10 |
||
|
Lecong |
Shaoguan Steel |
4,850 |
700 |
↓50 |
||
|
Average price |
- |
4,747 |
685 |
↓23 |
||
|
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,390 |
633 |
↑20 |
|
Tianjin |
Tiangang Steel |
4,230 |
610 |
↓10 |
||
|
Lecong |
Shaoguan Steel |
4,540 |
655 |
↓50 |
||
|
Average price |
- |
4 ,387 |
633 |
↓13 |
||
|
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,480 |
646 |
↑10 |
|
Tianjin |
Tiangang Steel |
4,230 |
610 |
↓10 |
||
|
Average price |
- |
4,355 |
628 |
0 |
||
|
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,600 |
664 |
↑30 |
|
Tianjin |
Tiangang Steel |
4,420 |
638 |
↓10 |
||
|
Average price |
- |
4,510 |
651 |
↑10 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,850 |
700 |
0 |
|
Beijing |
Anyang Steel |
4,770 |
688 |
↓20 |
|||
|
Guangzhou |
Liuzhou Steel |
5,210 |
752 |
0 |
|||
|
Average |
- |
4,943 |
713 |
↓7 |
|||
|
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
5,200 |
750 |
0 |
|
Guangzhou |
Liuzhou Steel |
5,700 |
823 |
0 |
|||
|
Average |
- |
5,450 |
786 |
0 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,950 |
714 |
0 |
|
|
Beijing |
Jinan Steel |
4,890 |
706 |
↓20 |
|||
|
Guangzhou |
Liuzhou Steel |
5,260 |
759 |
0 |
|||
|
Average |
- |
5,033 |
726 |
↓7 |
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 |
5,110 |
737 |
↓30 |
|
Jinan |
CCSA/B |
Jinan Steel |
5,050 |
729 |
↓20 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
5,110 |
737 |
↓50 |
||
|
Average |
- |
- |
5,090 |
734 |
↓33 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,830 |
697 |
↓30 |
|
|
Jinan |
CCSA/B |
Jinan Steel |
4,830 |
697 |
↓20 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,900 |
707 |
↓50 |
||
|
Average |
- |
- |
4,854 |
700 |
↓33 |
16 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.93