Local Chinese steel plate market mostly moves upwards

Monday, 22 July 2019 17:22:38 (GMT+3)   |   Shanghai
       

During the week ending July 22, average prices of steel plate in the Chinese domestic market have mostly edged up, though with prices of shipbuilding plate moving sideways, 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, production cuts due to environmental protection measures have resulted in shortages of steel plate supplies in the spot market, bolstering steel plate prices to a certain extent. However, following the rises in steel plate prices, downstream users have become less willing to conclude purchases. It is expected that steel plate prices in the Chinese domestic market will move on a fluctuating trend 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

4,240

616

↓10

Tianjin

Tiangang Steel

4,180

608

↑50

Lecong

Shaoguan Steel

4,350

632

↑10

Average price

-

4,257

619

↑17

20 mm common carbon medium plate

Q235

Shanghai

Magang

3,930

571

↓20

Tianjin

Tiangang Steel

3,870

563

↑50

Lecong

Shaoguan Steel

4,040

587

↑10

Average price

-

3,947

574

↑13

30 mm common carbon medium plate

Q235

Shanghai

Ansteel

4,020

584

↓10

Tianjin

Tiangang Steel

3,870

563

↑50

Average price,

-

3,945

573

↑20

20 mm low alloy medium plate

Q345

Shanghai

Magang

4,140

602

↓10

Tianjin

Tiangang Steel

4,100

596

↑40

Average price

-

4,120

599

↑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

4,450

647

↓30

Beijing

Anyang Steel

4,420

642

↑30

Guangzhou

Liuzhou Steel

4,810

699

0

Average

-

4,560

663

0

Container plate

8 mm

16MnR

Shanghai

Xinyu Steel

4,800

698

↓30

Guangzhou

Liuzhou Steel

5,250

763

0

Average

-

5,025

730

↓15

20 mm

16MnR

Shanghai

Xinyu Steel

4,550

661

↓30

Beijing

Jinan Steel

4,530

658

↑30

Guangzhou

Liuzhou Steel

4,880

709

0

Average

-

4,653

676

0

 

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

4,800

698

↓10

Jinan

CCSA/B

Jinan Steel

4,930

717

0

Guangzhou

CCSA/B

Shaoguan Steel

4,710

685

0

Average

-

-

4,813

700

↓3

20 mm

Shanghai

CCSA/B

Xinyu Steel

4,380

637

↓10

Jinan

CCSA/B

Jinan Steel

4,710

685

0

Guangzhou

CCSA/B

Shaoguan Steel

4,500

654

0

Average

-

-

4,530

658

↓3

 

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

$1 = RMB 6.88

  


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