During the week ending November 6, average prices of steel plate in the Chinese domestic market have softened slightly, declining at a slower pace compared to last week, 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, demand and supply in the Chinese domestic steel plate market have been in equilibrium, while market participants have mostly been maintaining a wait-and-see stance as regards the future trend of the market. In the given week, ferrous metal futures prices in China mainly moved on a fluctuating trend, though they have indicated significant rises on November 6 and these will likely provide support for steel plate prices in the days ahead. 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 ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,370 |
659 |
↑10 |
|
Tianjin |
Tiangang Steel |
4,320 |
652 |
↓20 |
||
|
Lecong |
Shaoguan Steel |
4,690 |
707 |
0 |
||
|
Average price |
- |
4,461 |
673 |
↓3 |
||
|
20 mm common carbon mediumplate |
Q235 |
Shanghai |
Magang |
4,070 |
614 |
↑10 |
|
Tianjin |
Tiangang Steel |
4,020 |
606 |
↓20 |
||
|
Lecong |
Shaoguan Steel |
4,280 |
646 |
0 |
||
|
Average price |
- |
4,124 |
622 |
↓3 |
||
|
30 mm common carbon mediumplate |
Q235 |
Shanghai |
Ansteel |
4,120 |
621 |
↓10 |
|
Tianjin |
Tiangang Steel |
4,020 |
606 |
↓20 |
||
|
Average price |
- |
4,070 |
614 |
↓15 |
||
|
20 mm low alloy mediumplate |
Q345 |
Shanghai |
Magang |
4,230 |
638 |
↑10 |
|
Tianjin |
Tiangang Steel |
4,170 |
629 |
↓30 |
||
|
Average price |
- |
4,200 |
633 |
↓10 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boilerplate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,380 |
661 |
0 |
|
Beijing |
Anyang Steel |
4,550 |
686 |
↓30 |
|||
|
Guangzhou |
Liuzhou Steel |
4,560 |
688 |
↑10 |
|||
|
Average |
- |
4,496 |
678 |
↓7 |
|||
|
Containerplate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,730 |
713 |
0 |
|
Guangzhou |
Liuzhou Steel |
5,100 |
769 |
↑10 |
|||
|
Average |
- |
4,915 |
741 |
↑5 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,480 |
676 |
0 |
|
|
Beijing |
Jinan Steel |
4,650 |
701 |
↓30 |
|||
|
Guangzhou |
Liuzhou Steel |
4,610 |
695 |
↑10 |
|||
|
Average |
- |
4,580 |
691 |
↓7 |
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 |
4,700 |
709 |
0 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,720 |
712 |
0 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,630 |
698 |
↓20 |
||
|
Average |
- |
- |
4,683 |
706 |
↓7 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,420 |
667 |
0 |
|
|
Jinan |
CCSA/B |
Jinan Stee |
4,500 |
679 |
0 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,450 |
671 |
↓20 |
||
|
Average |
- |
- |
4,456 |
672 |
↓7 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.63