Plate prices in China
The average price of 16 mm thick common carbon plate (Q235) in major Chinese markets decreased by RMB 7/mt to RMB 2,953/mt ($366) due to weaker Shanghai market, while 16 mm low alloy medium plate (Q345) remained at RMB 3,095/mt ($384) level. The price details in the three major markets are as follows:
Shanghai market
Specification Origin Price Daily Change
(RMB) (US$) (RMB)
8mm common carbon Xinyu Steel 3,300 409 -20
16 mm common carbon Xinyu Steel 3,020 372 -20
30 mm common carbon Nanjing Steel 3,120 387 -30
16 mm low alloy Xinyu Steel 3,130 388
Tianjin market
Specification Origin Price Daily Change
(RMB) (US$) (RMB)
8mm common carbon Tianjin Steel 3,180 394 -20
16 mm common carbon Tianjin Steel 2,860 354
30 mm common carbon Yingkou Steel 2,880 357
16 mm low alloy Jinan Steel 3,060 379
Lecong market
Specification Origin Price Daily Change
(RMB) (US$) (RMB)
8mm common carbon Shaoguan Steel 3,250 403
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