During the week ending August 5, average prices of steel plate in the Chinese domestic market have moved down, 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, steel plate prices in the Chinese domestic market have declined amid negative sentiment and decreases in HRC futures prices at Shanghai Futures Exchange (SHFE). Most traders in the local steel plate market have lowered prices to stimulate sales activities. It is expected that steel plate prices in the Chinese domestic market will soften further in the coming week.
Medium plate prices in local Chinese market
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,190 |
595 |
↓40 |
Tianjin |
Tiangang Steel |
4,120 |
585 |
↓40 |
||
Lecong |
Shaoguan Steel |
4,310 |
612 |
↓40 |
||
Average price |
- |
4,207 |
598 |
↓40 |
||
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
3,860 |
548 |
↓60 |
Tianjin |
Tiangang Steel |
3,810 |
541 |
↓40 |
||
Lecong |
Shaoguan Steel |
4,000 |
568 |
↓40 |
||
Average price |
- |
3,890 |
553 |
↓47 |
||
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
3,930 |
558 |
↓80 |
Tianjin |
Tiangang Steel |
3,810 |
541 |
↓40 |
||
Average price, |
- |
3,870 |
550 |
↓60 |
||
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,060 |
577 |
↓60 |
Tianjin |
Tiangang Steel |
4,040 |
574 |
↓40 |
||
Average price |
- |
4,050 |
575 |
↓50 |
Boiler and container plate prices in local Chinese market
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,450 |
632 |
0 |
Beijing |
Anyang Steel |
4,420 |
628 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,810 |
683 |
0 |
|||
Average |
- |
4,560 |
648 |
0 |
|||
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,800 |
682 |
0 |
Guangzhou |
Liuzhou Steel |
5,320 |
756 |
↑70 |
|||
Average |
- |
5,060 |
719 |
↑35 |
|||
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,550 |
646 |
0 |
|
Beijing |
Jinan Steel |
4,530 |
643 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,880 |
693 |
0 |
|||
Average |
- |
4,653 |
661 |
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 |
4,760 |
676 |
↓30 |
Jinan |
CCSA/B |
Jinan Steel |
4,930 |
700 |
0 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,710 |
669 |
0 |
||
Average |
- |
- |
4,800 |
682 |
↓10 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,340 |
616 |
↓30 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,710 |
669 |
0 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,500 |
639 |
0 |
||
Average |
- |
- |
4,517 |
642 |
↓10 |
13 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 7.04