Local Chinese steel plate market moves on soft trend

Monday, 05 August 2019 16:18:06 (GMT+3)   |   Shanghai
       

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


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