During the week ending July 29, average prices of steel plate in the Chinese domestic market have mostly edged down slightly, 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, HRC futures prices at Shanghai Futures Exchange (SHFE) have softened, exerting a negative impact on the steel plate market. Meanwhile, demand from downstream users for steel plate has slackened due to extremely high temperatures in China. Inventory levels of steel plate have increased, also negatively affecting steel plate prices. It is expected that steel plate prices in the Chinese domestic market will edge down further in the coming week.
Medium plate prices in local Chinese market
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,230 |
614 |
↓10 |
Tianjin |
Tiangang Steel |
4,160 |
604 |
↓20 |
||
Lecong |
Shaoguan Steel |
4,350 |
631 |
0 |
||
Average price |
- |
4,247 |
616 |
↓10 |
||
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
3,920 |
569 |
↓10 |
Tianjin |
Tiangang Steel |
3,850 |
559 |
↓20 |
||
Lecong |
Shaoguan Steel |
4,040 |
586 |
0 |
||
Average price |
- |
3,937 |
571 |
↓10 |
||
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,010 |
582 |
↓10 |
Tianjin |
Tiangang Steel |
3,850 |
559 |
↓20 |
||
Average price, |
- |
3,930 |
570 |
↓15 |
||
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,120 |
598 |
↓10 |
Tianjin |
Tiangang Steel |
4,080 |
592 |
↓20 |
||
Average price |
- |
4,100 |
595 |
↓15 |
Boiler and container plate prices in local Chinese market
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly change (RMB/mt) |
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,450 |
646 |
0 |
Beijing |
Anyang Steel |
4,420 |
642 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,810 |
698 |
0 |
|||
Average |
- |
4,560 |
662 |
0 |
|||
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,800 |
697 |
0 |
Guangzhou |
Liuzhou Steel |
5,250 |
762 |
0 |
|||
Average |
- |
5,025 |
729 |
0 |
|||
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,550 |
660 |
0 |
|
Beijing |
Jinan Steel |
4,530 |
657 |
0 |
|||
Guangzhou |
Liuzhou Steel |
4,880 |
708 |
0 |
|||
Average |
- |
4,653 |
675 |
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 |
4,790 |
695 |
↓10 |
Jinan |
CCSA/B |
Jinan Steel |
4,930 |
716 |
0 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,710 |
684 |
0 |
||
Average |
- |
- |
4,810 |
698 |
↓3 |
||
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,370 |
634 |
↓10 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,710 |
684 |
0 |
||
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,500 |
653 |
0 |
||
Average |
- |
- |
4,527 |
657 |
↓3 |
13 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.89