Chinese plates begin the week stable
The average price of 16 mm thick common carbon plate (Q235) in major Chinese markets increased RMB 3/mt to RMB 2,980/mt ($369), while 16 mm low alloy medium plate (Q345) remained at RMB 3,095/mt ($384) level. The price details in the three markets are as follows:
Shanghai market
Specification Origin Price Daily Change
(RMB) (US$) (RMB)
8mm common carbon Xinyu Steel 3,320 411
16 mm common carbon Xinyu Steel 3,030 375
30 mm common carbon Nanjing Steel 3,150 390
16 mm low alloy Xinyu Steel 3,130 388
Tianjin market
Specification Origin Price Daily Change
(RMB) (US$) (RMB)
8mm common carbon Tianjin Steel 3,200 397
16 mm common carbon Tianjin Steel 2,870 356 +10
30 mm common carbon Yingkou Steel 2,880 357
16 mm low alloy Jinan Steel 3,060 379
Lecong market
Specification Origin Price Daily Change
(RMB) (US$) (RMB)
8mm common carbon Shaoguan Steel 3,280 406
16 mm common carbon Shaoguan Steel 3,040 377 All prices are on theoretical basis and 17 percent VAT is included. RMB 8.07 = $1