During the week ending October 23, average prices of steel plate in the Chinese domestic market have decreased for common carbon and low alloy medium steel, though prices have risen slightly for shipbuilding plate, 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, semi-finished steel prices in northern China first moved upwards, pushing up domestic steel plate prices, while demand has not shown any significant improvement, exerting a negative impact on steel plate prices later in the week. However, ex-works prices from steelmakers are at relatively high levels, providing support for steel plate prices from the cost side. Meanwhile, steelmakers’ production cuts for the winter season are another factor affecting the steel plate market, which will reduce supply of steel plate and boost prices. It is thought 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 ($/mt) |
Weekly Change (RMB/mt) |
8 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,390 |
661 |
↓110 |
Tianjin |
Tiangang Steel |
4,430 |
667 |
↓50 |
||
Lecong |
Shaoguan Steel |
4,720 |
711 |
↑10 |
||
Average price |
- |
4,514 |
680 |
↓50 |
||
20 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,100 |
617 |
↓80 |
Tianjin |
Tiangang Steel |
4,130 |
622 |
↓50 |
||
Lecong |
Shaoguan Steel |
4,310 |
649 |
↑10 |
||
Average price |
- |
4,180 |
630 |
↓40 |
||
30 mm common carbon mediumplate |
Q235 |
Shanghai |
Ansteel |
4,160 |
627 |
↓90 |
Tianjin |
Tiangang Steel |
4,130 |
622 |
↓50 |
||
Average price |
- |
4,145 |
624 |
↓70 |
||
20 mm low alloy mediumplate |
Q345 |
Shanghai |
Magang |
4,250 |
640 |
↓90 |
Tianjin |
Tiangang Steel |
4,280 |
645 |
↓50 |
||
Average price |
- |
4,235 |
638 |
↓70 |
Boiler and container plate prices in local Chinese market
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Boilerplate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,430 |
667 |
↑30 |
Beijing |
Anyang Steel |
4,610 |
694 |
↓170 |
|||
Guangzhou |
Liuzhou Steel |
4,550 |
685 |
↑20 |
|||
Average |
- |
4,524 |
681 |
↓40 |
|||
Containerplate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,730 |
712 |
↓20 |
Guangzhou |
Liuzhou Steel |
5,090 |
767 |
↑20 |
|||
Average |
- |
4,910 |
739 |
0 |
|||
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,480 |
675 |
↓20 |
|
Beijing |
Jinan Steel |
4,700 |
708 |
↓60 |
|||
Guangzhou |
Liuzhou Steel |
4,600 |
693 |
↑20 |
|||
Average |
- |
4,593 |
692 |
↓20 |
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 |
705 |
0 |
Jinan |
CCSA/B |
Jinan Steel |
4,810 |
724 |
0 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,600 |
693 |
↓20 |
||
Average |
- |
- |
4,696 |
707 |
↓7 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,400 |
663 |
0 |
|
Jinan |
CCSA/B |
Jinan Stee |
4,590 |
691 |
0 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,420 |
666 |
↓20 |
||
Average |
- |
- |
4,468 |
673 |
↓7 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.64