During the week ending October 16, average prices of steel plate in the Chinese domestic market have continued to increase, 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, ferrous metals futures prices have shifted from downtrend to uptrend after the middle of the week, exerting a positive impact on steel plate market. Meanwhile, inventory level of steel plate has been at low levels, also bolstering steel plate prices. Currently, the 19th National Congress of the Communist Party of China is scheduled to begin on October 18, the demand in northern China will be slack due to production cut for environmental protection, which will likely drag down prices there. 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 ($/mt) |
Weekly Change (RMB/mt) |
8 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,500 |
683 |
↑50 |
Tianjin |
Tiangang Steel |
4,480 |
680 |
↑120 |
||
Lecong |
Shaoguan Steel |
4,710 |
715 |
↑30 |
||
Average price |
- |
4,564 |
693 |
↑67 |
||
20 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,180 |
634 |
↑20 |
Tianjin |
Tiangang Steel |
4,180 |
634 |
↑120 |
||
Lecong |
Shaoguan Steel |
4,300 |
653 |
↑30 |
||
Average price |
- |
4,220 |
640 |
↑57 |
||
30 mm common carbon mediumplate |
Q235 |
Shanghai |
Ansteel |
4,250 |
645 |
↑20 |
Tianjin |
Tiangang Steel |
4,180 |
634 |
↑120 |
||
Average price |
- |
4,215 |
640 |
↑70 |
||
20 mm low alloy mediumplate |
Q345 |
Shanghai |
Magang |
4,340 |
659 |
↑40 |
Tianjin |
Tiangang Steel |
4,330 |
657 |
↑120 |
||
Average price |
- |
4,305 |
653 |
↑80 |
Boiler and container plate prices in local Chinese market
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Boilerplate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,400 |
668 |
↑50 |
Beijing |
Anyang Steel |
4,780 |
725 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,530 |
687 |
↑80 |
|||
Average |
- |
4,564 |
693 |
↑37 |
|||
Containerplate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,750 |
721 |
↑50 |
Guangzhou |
Liuzhou Steel |
5,070 |
769 |
↑80 |
|||
Average |
- |
4,910 |
745 |
↑65 |
|||
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,500 |
683 |
↑50 |
|
Beijing |
Jinan Steel |
4,760 |
722 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,580 |
695 |
↑80 |
|||
Average |
- |
4,613 |
700 |
↑43 |
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 |
4,680 |
710 |
↑50 |
Jinan |
CCSA/B |
Jinan Steel |
4,810 |
730 |
↑110 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,620 |
701 |
↑60 |
||
Average |
- |
- |
4,703 |
714 |
↑73 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,400 |
668 |
↑50 |
|
Jinan |
CCSA/B |
Jinan Stee |
4,590 |
697 |
↑110 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,440 |
674 |
↑60 |
||
Average |
- |
- |
4,475 |
679 |
↑73 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.59