During the week ending March 28, steel plate prices in the Chinese domestic market have indicated upward movement. Transaction activity in the overall market has been at decent levels. Average steel plate prices in China are presented in the tables below.
During the given week, finished steel futures prices in China have increased, providing support for rises in spot prices of finished steel, including rebar, hot rolled coil and steel plate, while bullish sentiment has prevailed in the finished steel market. Meanwhile, inventory levels of steel plate are at relatively low levels, boosting prices of steel plate. It is thought that steel plate prices in the Chinese domestic market will likely move on a slight uptrend in the coming week.
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 2,810 | 432 | 0 |
| Tianjin | Tiangang Steel | 2,760 | 424 | ↑60 | ||
| Lecong | Shaoguan Steel | 2,940 | 452 | ↑70 | ||
| Average price | - | 2,837 | 436 | ↑43 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 2,600 | 399 | 0 |
| Tianjin | Tiangang Steel | 2,460 | 378 | ↑60 | ||
| Lecong | Shaoguan Steel | 2,650 | 407 | ↑70 | ||
| Average price | - | 2,570 | 395 | ↑43 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,600 | 399 | ↓60 |
| Tianjin | Tiangang Steel | 2,480 | 381 | ↑60 | ||
| Average price | - | 2,540 | 390 | 0 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,820 | 433 | ↓40 |
| Tianjin | Tiangang Steel | 2,610 | 401 | ↑60 | ||
| Average price | - | 2,715 | 417 | ↑10 |
Boiler and container plate prices in local Chinese market
| Product Name | Spec, | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 2,700 | 415 | ↓100 |
| Beijing | Anyang | 2,760 | 424 | ↑100 | |||
| Guangzhou | Liuzhou Steel | 2,800 | 430 | ↑100 | |||
| Ortalama | - | 2,753 | 423 | ↑33 | |||
| Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 3,050 | 469 | ↓250 |
| Guangzhou | Jinan Steel | 3,340 | 513 | ↑100 | |||
| Ortalama | - | 3,195 | 491 | ↓75 | |||
| 20 mm | 16MnR | Shangai | Xinyu Steel | 2,800 | 430 | ↓100 | |
| Beijing | Jinan Steel | 2,760 | 424 | ↑10 | |||
| Guangzhou | Liuzhou Steel | 2,900 | 445 | ↑150 | |||
| Ortalama | - | 2,820 | 433 | ↑20 |
Shipbuilding plate prices in local Chinese market
| Product Name | Spec, | City | Category | Place of Origin | Price (RMB/mt) | Price ($/mt) | Weekly change (RMB/mt) |
| Shipbuilding Plate | 8 mm | Shanghai | CCSA/B | Xinyu Steel | 2,950 | 453 | ↑20 |
| Jinan | CCSA/B | Jinan Steel | 2,780 | 427 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,850 | 438 | ↑30 | ||
| Average | - | - | 2,860 | 439 | ↑17 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,670 | 410 | ↑20 | |
| Jinan | CCSA/B | Jinan Steel | 2,610 | 401 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,700 | 415 | ↑30 | ||
| Average | - | - | 2,660 | 409 | ↑17 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.51