As of December 18, average prices of steel plate in the Chinese domestic market have decreased very slightly week on 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, ferrous metal futures prices in China declined first, while moving back up, influencing steel plate prices in the domestic spot market. Amid cold weather conditions, demand for steel plate has been slack and traders have been willing to lower prices to attract more buyers. However, inventories are at low levels, which will provide some support for steel plate 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 ($/mt) |
Weekly Change (RMB/mt) |
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,530 |
684 |
↓40 |
Tianjin |
Tiangang Steel |
4,520 |
683 |
↑10 |
||
Lecong |
Shaoguan Steel |
4,940 |
746 |
↓10 |
||
Average price |
- |
4,664 |
705 |
↓13 |
||
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,280 |
647 |
↓10 |
Tianjin |
Tiangang Steel |
4,220 |
637 |
↑10 |
||
Lecong |
Shaoguan Steel |
4,530 |
684 |
↓10 |
||
Average price |
- |
4,343 |
656 |
↓3 |
||
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,270 |
645 |
↑30 |
Tianjin |
Tiangang Steel |
4,220 |
637 |
↓10 |
||
Average price |
- |
4,245 |
641 |
↑10 |
||
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,500 |
680 |
↓40 |
Tianjin |
Tiangang Steel |
4,370 |
660 |
↑10 |
||
Average price |
- |
4,435 |
670 |
↓15 |
Boiler and container plate prices in local Chinese market
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,580 |
692 |
↑30 |
Beijing |
Anyang Steel |
4,820 |
728 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,880 |
737 |
↑100 |
|||
Average |
- |
4,760 |
719 |
↑47 |
|||
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,930 |
745 |
↑30 |
Guangzhou |
Liuzhou Steel |
5,420 |
819 |
↑100 |
|||
Average |
- |
5,175 |
782 |
↑65 |
|||
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,680 |
707 |
↑30 |
|
Beijing |
Jinan Steel |
4,920 |
743 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,930 |
745 |
↑100 |
|||
Average |
- |
4,843 |
732 |
↑47 |
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 |
4,860 |
734 |
0 |
Jinan |
CCSA/B |
Jinan Steel |
4,850 |
733 |
↓60 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,990 |
754 |
↑40 |
||
Average |
- |
- |
4,900 |
740 |
↓7 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,580 |
692 |
0 |
|
Jinan |
CCSA/B |
Jinan Stee |
4,630 |
699 |
↓60 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,780 |
722 |
↑50 |
||
Average |
- |
- |
4,663 |
704 |
↓3 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.62