Chinese domestic steel plate prices record slight ups and downs

Monday, 17 December 2018 16:57:41 (GMT+3)   |   Shanghai
       

During the week ending December 17, average prices of steel plate in the Chinese domestic market have moved sideways, with some slight fluctuations, while 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, the domestic steel plate market in China has received support from news of production cuts in some regions and also from the rises seen in ferrous metal futures prices in the latter part of the given week. However, demand from downstream users has remained slack. 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 medium plate

Q235

Shanghai

Magang

4,300

623

↓70

Tianjin

Tiangang Steel

4,000

580

↑10

Lecong

Shaoguan Steel

4,260

617

↓20

Average price

-

4,186

607

↓27

20 mm common carbon medium plate

Q235

Shanghai

Magang

3,850

558

↑20

Tianjin

Tiangang Steel

3,690

535

↑10

Lecong

Shaoguan Steel

3,940

571

↓20

Average price

-

3,826

554

↑3

30 mm common carbon medium plate

Q235

Shanghai

Ansteel

3,920

568

↑10

Tianjin

Tiangang Steel

3,690

535

↑10

Average price

-

3,805

551

↑10

20 mm low alloy medium plate

Q345

Shanghai

Magang

4,180

606

↓10

Tianjin

Tiangang Steel

3,880

562

↑10

Average price

-

4,030

584

0

 

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

4,470

648

↓80

Beijing

Anyang Steel

4,320

626

↑30

Guangzhou

Liuzhou Steel

5,000

725

0

Average

-

4,595

666

↓17

Container plate

8 mm

16MnR

Shanghai

Xinyu Steel

4,820

699

↓80

Guangzhou

Liuzhou Steel

5,420

786

0

Average

-

5,120

742

↓40

20 mm

16MnR

Shanghai

Xinyu Steel

4,570

662

↓80

Beijing

Jinan Steel

4,440

643

↑30

Guangzhou

Liuzhou Steel

5,050

732

0

Average

-

4,690

680

↓13

 

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

4,610

668

↓20

Jinan

CCSA/B

Jinan Steel

4,610

668

↓30

Guangzhou

CCSA/B

Shaoguan Steel

4,810

697

0

Average

-

-

4,676

678

↓17

20 mm

Shanghai

CCSA/B

Xinyu Steel

4,330

628

↓20

Jinan

CCSA/B

Jinan Steel

4,390

636

↓30

Guangzhou

CCSA/B

Shaoguan Steel

4,600

667

0

Average

-

-

4,440

643

↓17

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

$1 = RMB 6.90


Similar articles

Romanian flats prices stable despite slower trade

26 Apr | Flats and Slab

Turkey’s plate prices mostly stable, supply reduced

26 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 17, 2024

25 Apr | Flats and Slab

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

US cut-length plate imports down 6.2 percent in February

23 Apr | Steel News

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

Ex-China steel plate prices move sideways, local prices expected to rise

22 Apr | Flats and Slab

Romanian mill cuts local HRC prices sharply amid challenging trade

19 Apr | Flats and Slab

Consumption of steel plate in Mexico decreases 5.5 percent in February

18 Apr | Steel News

US plate prices mostly steady on adequate supply

18 Apr | Flats and Slab