During the week ending November 16, steel plate prices in the Chinese domestic market have followed a downward trend, while overall transaction activity in the market is still on the slack side. Average steel plate prices in China are presented in the tables below.
During the given week, bearish sentiment has prevailed among market participants, contributing to the declines seen in steel plate prices. Relatively larger price decreases have been seen in northern China. As the weather is getting colder and as demand is becoming more sluggish with the approach of winter, it is expected that steel plate prices in the Chinese domestic market will continue their downtrend in the coming week.
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) | |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 2,090 | 328 | ↓110 | |
| Tianjin | Tiangang Steel | 2,140 | 336 | ↓70 | |||
| Lecong | Shaoguan Steel | 2,360 | 370 | 0 | |||
| Average price | - | 2,197 | 345 | ↓60 | |||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 1,890 | 297 | ↓60 | |
| Tianjin | Tiangang Steel | 1,840 | 289 | ↓70 | |||
| Lecong | Shaoguan Steel | 2,020 | 317 | 0 | |||
| Average price | - | 1,917 | 301 | ↓43 | |||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,000 | 314 | ↓20 | |
| Tianjin | Tiangang Steel | 1,930 | 303 | 0 | |||
| Average price | - | 1,965 | 308 | ↓10 | |||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,070 | 325 | ↓60 | |
| Tianjin | Tiangang Steel | 2,040 | 320 | ↓70 | |||
| Average price | - | 2,055 | 323 | ↓65 | |||
| Boiler and container plate prices in local Chinese market | |||||||
| Product Name | Spec, | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 2,250 | 353 | ↓20 |
| Beijing | Anyang | 2,180 | 342 | ↓100 | |||
| Guangzhou | Liuzhou Steel | 2,600 | 408 | ↓90 | |||
| Ortalama | - | 2,344 | 368 | ↓79 | |||
| Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 2,750 | 432 | ↓50 |
| Guangzhou | Jinan Steel | 3,140 | 493 | ↓90 | |||
| Ortalama | - | 2,945 | 462 | ↓70 | |||
| 20 mm | 16MnR | Shangai | Xinyu Steel | 2,350 | 369 | ↓50 | |
| Beijing | Jinan Steel | 2,280 | 358 | ↓100 | |||
| Guangzhou | Liuzhou Steel | 2,700 | 424 | ↓90 | |||
| Ortalama | - | 2,444 | 384 | ↓79 | |||
| 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 | 2,530 | 397 | 0 |
| Jinan | CCSA/B | Jinan Steel | 2,200 | 345 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,360 | 370 | ↓60 | ||
| Average | - | - | 2,364 | 371 | ↓19 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,250 | 353 | 0 | |
| Jinan | CCSA/B | Jinan Steel | 2,030 | 319 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,100 | 330 | ↓60 | ||
| Average | - | - | 2,127 | 334 | ↓20 | ||
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.37