Chinese domestic steel plate prices increase slightly

Monday, 21 January 2019 17:26:13 (GMT+3)   |   Shanghai
       

During the week ending January 21, average prices of steel plate in the Chinese domestic market have edged up 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, HRC futures prices at Shanghai Futures Exchange (SHFE) have moved on an upward trend, exerting a positive impact on the domestic steel plate market. Currently, demand from downstream users has not indicated any improvement. The Chinese New Year holiday (February 2-10) is approaching and so the steel plate market is expected to become quieter. It is believed 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

4,170

614

0

Tianjin

Tiangang Steel

4,080

601

↑ 50

Lecong

Shaoguan Steel

4,340

639

0

Average price

-

4,197

618

↑ 17

20 mm common carbon medium plate

Q235

Shanghai

Magang

3,820

563

↑ 10

Tianjin

Tiangang Steel

3,770

555

↑ 50

Lecong

Shaoguan Steel

4,030

594

0

Average price

-

3,873

570

↑20

30 mm common carbon medium plate

Q235

Shanghai

Ansteel

3,870

570

↑10

Tianjin

Tiangang Steel

3,770

555

↑50

Average price

-

3,820

563

↑ 30

20 mm low alloy medium plate

Q345

Shanghai

Magang

4,080

601

↓40

Tianjin

Tiangang Steel

3,960

583

↑ 50

Average price

-

4,020

592

↑ 5


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

4,380

645

0

Beijing

Anyang Steel

4,410

649

0

Guangzhou

Liuzhou Steel

4,950

729

0

Average

-

4,580

675

0

Container plate

8 mm

16MnR

Shanghai

Xinyu Steel

4,730

697

0

Guangzhou

Liuzhou Steel

5,370

791

0

Average

-

5,050

744

0

20 mm

16MnR

Shanghai

Xinyu Steel

4,480

660

0

Beijing

Jinan Steel

4,530

667

0

Guangzhou

Liuzhou Steel

5,000

736

0

Average

-

4,670

688

0

 

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

4,470

658

0

Jinan

CCSA/B

Jinan Steel

4,640

683

↑50

Guangzhou

CCSA/B

Shaoguan Steel

4,780

704

0

Average

-

-

4,630

682

↑ 17

20 mm

Shanghai

CCSA/B

Xinyu Steel

4,160

613

0

Jinan

CCSA/B

Jinan Steel

4,420

651

↑ 50

Guangzhou

CCSA/B

Shaoguan Steel

4,570

673

0

Average

-

-

4,383

646

↑ 17


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

$1 = RMB 6.79


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