During the week ending November 20, average prices of steel plate in the Chinese domestic market have continued their upward trend, increasing slightly, while 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, Chinese steelmakers’ capacity utilization rates have decreased, exerting a positive impact on domestic steel plate prices. Meanwhile, inventory levels of steel plate in the spot market have declined, also providing support for steel plate prices. In the given week, ferrous metal futures prices in China moved up first, but have declined in recent days, which will likely influence the movement of steel plate prices in the spot market. It is thought 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 ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,400 |
664 |
0 |
|
Tianjin |
Tiangang Steel |
4,380 |
661 |
↑10 |
||
|
Lecong |
Shaoguan Steel |
4,750 |
716 |
↑20 |
||
|
Average price |
- |
4,511 |
680 |
↑10 |
||
|
20 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,110 |
620 |
0 |
|
Tianjin |
Tiangang Steel |
4,080 |
615 |
↑10 |
||
|
Lecong |
Shaoguan Steel |
4,340 |
655 |
↑20 |
||
|
Average price |
- |
4,177 |
630 |
↑10 |
||
|
30 mm common carbon mediumplate |
Q235 |
Shanghai |
Ansteel |
4,180 |
630 |
0 |
|
Tianjin |
Tiangang Steel |
4,080 |
615 |
↑10 |
||
|
Average price |
- |
4,130 |
623 |
↑5 |
||
|
20 mm low alloy mediumplate |
Q345 |
Shanghai |
Magang |
4,290 |
647 |
↑20 |
|
Tianjin |
Tiangang Steel |
4,230 |
638 |
↑10 |
||
|
Average price |
- |
4,270 |
644 |
↑15 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boilerplate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,380 |
661 |
0 |
|
Beijing |
Anyang Steel |
4,610 |
695 |
↑60 |
|||
|
Guangzhou |
Liuzhou Steel |
4,580 |
691 |
↑20 |
|||
|
Average |
- |
4,524 |
682 |
↑27 |
|||
|
Containerplate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,730 |
713 |
0 |
|
Guangzhou |
Liuzhou Steel |
5,120 |
772 |
↑20 |
|||
|
Average |
- |
4,925 |
743 |
↑10 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,480 |
676 |
0 |
|
|
Beijing |
Jinan Steel |
4,710 |
710 |
↑60 |
|||
|
Guangzhou |
Liuzhou Steel |
4,630 |
698 |
↑20 |
|||
|
Average |
- |
4,607 |
695 |
↑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) |
|
ShipbuildingPlate |
8 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,730 |
713 |
0 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,750 |
716 |
↑20 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,710 |
710 |
↑30 |
||
|
Average |
- |
- |
4,730 |
713 |
↑17 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,450 |
671 |
0 |
|
|
Jinan |
CCSA/B |
Jinan Stee |
4,530 |
683 |
↑20 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,500 |
679 |
↑30 |
||
|
Average |
- |
- |
4,493 |
678 |
↑17 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.63