Medium plate prices in China

Medium plate prices in China

Medium plate prices in Tianjin have seen a rebound today. In the major markets of China, the average price for 16 mm Q235 common carbon medium plates increased RMB 34/mt to RMB 2,927/mt ($363), while the one for 16 mm Q345 low alloy medium plates increased RMB 35/mt to RMB 3,105/mt ($385). The price details are given hereafter:

Shanghai market

Specification         Origin            Price        Daily Change
                                    (RMB)    (US$)      (RMB)
8 mm common carbon   Xinyu Steel    3,150     390        
16 mm common carbon  Xinyu Steel    2,940     364        +10 
30 mm common carbon  Nanjing Steel  3,130     388        
16 mm low alloy      Xinyu Steel    3,080     382         

Tianjin market

Specification          Origin            Price       Daily Change
                                    (RMB)    (US$)      (RMB)
8 mm common carbon   Tianjin Steel  3,250     403        +170
16 mm common carbon  Tianjin Steel  2,840     352        +90
30 mm common carbon  Yingkou Steel  3,050     378        +100
16 mm low alloy      Jinan Steel    3,130     388        +70

Lecong market

Specification          Origin              Price     Daily Change
                                      (RMB)    (US$)    (RMB)
8 mm common carbon   Shaoguan Steel   3,220     399  
16 mm common carbon  Shaoguan Steel   3,000     372  


All prices are on theoretical basis and 17 percent VAT is included.


RMB 8.07 = $1