During the week ending May 21, average prices of steel plate in the Chinese domestic market have been almost stable, with just some very slight fluctuations seen, while transaction activity in the overall steel plate market has been at medium levels. Average steel plate prices in China are presented in the table below.
During the given week, inventories in the domestic steel plate market have been at relatively low levels, providing some support for steel plate prices. Meanwhile, Chinese steelmakers’ ex-works prices for steel plate are on the high side, thereby bolstering steel plate prices in the spot market. However, the high temperatures and rainy weather in China will likely negative impact demand in the steel plate market. It is thought that steel plate prices in the Chinese domestic market will move sideways in the coming week.
Medium plate prices in local Chinese market
|
Product Name |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
8 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,830 |
756 |
↓90 |
|
Tianjin |
Tiangang Steel |
4,570 |
715 |
↓10 |
||
|
Lecong |
Shaoguan Steel |
4,960 |
776 |
↑50 |
||
|
Average price |
- |
4,787 |
749 |
↓16 |
||
|
20 mm common carbon medium plate |
Q235 |
Shanghai |
Magang |
4,460 |
698 |
↓10 |
|
Tianjin |
Tiangang Steel |
4,270 |
668 |
↓10 |
||
|
Lecong |
Shaoguan Steel |
4,630 |
725 |
↑10 |
||
|
Average price |
- |
4,453 |
697 |
↓3 |
||
|
30 mm common carbon medium plate |
Q235 |
Shanghai |
Ansteel |
4,580 |
717 |
↓20 |
|
Tianjin |
Tiangang Steel |
4,270 |
668 |
↓10 |
||
|
Average price |
- |
4,425 |
692 |
↓15 |
||
|
20 mm low alloy medium plate |
Q345 |
Shanghai |
Magang |
4,700 |
736 |
0 |
|
Tianjin |
Tiangang Steel |
4,460 |
698 |
0 |
||
|
Average price |
- |
4,580 |
717 |
0 |
Boiler and container plate prices in local Chinese market
|
Product Name |
Spec. |
Quality |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Boiler plate |
20 mm |
20G |
Shanghai |
Xinyu Steel |
4,850 |
759 |
0 |
|
Beijing |
Anyang Steel |
4,850 |
759 |
0 |
|||
|
Guangzhou |
Liuzhou Steel |
4,830 |
756 |
0 |
|||
|
Average |
- |
4,843 |
758 |
0 |
|||
|
Container plate |
8 mm |
16MnR |
Shanghai |
Xinyu Steel |
5,200 |
814 |
0 |
|
Guangzhou |
Liuzhou Steel |
5,370 |
840 |
0 |
|||
|
Average |
- |
5,285 |
827 |
0 |
|||
|
20 mm |
16MnR |
Shanghai |
Xinyu Steel |
4,950 |
775 |
0 |
|
|
Beijing |
Jinan Steel |
4,950 |
775 |
0 |
|||
|
Guangzhou |
Liuzhou Steel |
4,880 |
764 |
0 |
|||
|
Average |
- |
4,927 |
771 |
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 |
5,150 |
806 |
↑20 |
|
Jinan |
CCSA/B |
Jinan Steel |
4,960 |
776 |
0 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
5,060 |
792 |
0 |
||
|
Average |
- |
- |
5,057 |
791 |
↑7 |
||
|
20 mm |
Shanghai |
CCSA/B |
Xinyu Steel |
4,870 |
762 |
↑20 |
|
|
Jinan |
CCSA/B |
Jinan Steel |
4,740 |
742 |
0 |
||
|
Guangzhou |
CCSA/B |
Shaoguan Steel |
4,850 |
759 |
0 |
||
|
Average |
- |
- |
4,820 |
754 |
↑7 |
16 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.39