Plate prices in China
The average price of 16 mm thick common carbon plate (Q235) in major Chinese markets kept firm at RMB 2,947/mt ($365), while 16 mm low alloy medium plate (Q345) increased RMB 15/mt to RMB 3,095/mt ($384) level thanks to an increase in Tianjin. The price details in the three major markets are as follows:
Shanghai market
Specification Origin Price Daily Change
(RMB) (US$) (RMB)
8mm common carbon Xinyu Steel 3,280 406
16 mm common carbon Xinyu Steel 2,980 369
30 mm common carbon Nanjing Steel 3,120 387
16 mm low alloy Xinyu Steel 3,130 388
Tianjin market
Specification Origin Price Daily Change
(RMB) (US$) (RMB)
8mm common carbon Tianjin Steel 3,150 390
16 mm common carbon Tianjin Steel 2,860 354
30 mm common carbon Yingkou Steel 2,880 357
16 mm low alloy Jinan Steel 3,060 379 +40
Lecong market
Specification Origin Price Daily Change
(RMB) (US$) (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