During the week ending February 20, average prices of steel plate in the Chinese domestic market have moved on a rising trend, while transaction activity in the overall market has been better than the previous week and is now at medium levels. Average steel plate prices in China are presented in the tables below.
During the given week, semi-finished steel prices in Tangshan have indicated a sharp rising trend, providing support for the upward movement of domestic steel plate prices in the spot market, while increases in ferrous metal futures prices in China have also provided a certain degree of support. Bullish sentiment prevails among market players as regards the future prospects for the local steel plate market. Meanwhile, downstream users have stepped up their purchases of steel plate, resulting in improved transaction activity in the market. It is thought that steel plate prices in the Chinese domestic market will likely move sideways in the coming week.
Medium plate prices in local Chinese market
Product Name | Quality | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
8 mm common carbon medium plate | Q235 | Shanghai | Magang | 4,000 | 581 | ↑230 |
Tianjin | Tiangang Steel | 3,900 | 567 | ↑140 | ||
Lecong | Shaoguan Steel | 4,160 | 605 | ↑80 | ||
Average price | - | 4,020 | 584 | ↑150 | ||
20 mm common carbon medium plate | Q235 | Shangai | Magang | 3,740 | 544 | ↑120 |
Tianjin | Tiangang Steel | 3,600 | 523 | ↑140 | ||
Lecong | Shaoguan Steel | 3,750 | 545 | ↑80 | ||
Average price | - | 3,697 | 537 | ↑113 | ||
30 mm common carbon medium plate | Q235 | Shanghai | Ansteel | 3,770 | 548 | ↑50 |
Tianjin | Tiangang Steel | 3,600 | 523 | ↑140 | ||
Average price | - | 3,685 | 536 | ↑95 | ||
20 mm low alloy medium plate | Q345 | Shanghai | Magang | 3,900 | 567 | ↑150 |
Tianjin | Tiangang Steel | 3,750 | 545 | ↑140 | ||
Average price | - | 3,825 | 556 | ↑145 |
Boiler and container plate prices in local Chinese market
Product Name | Spec. | Quality | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 4,000 | 581 | ↑100 |
Beijing | Anyang Steel | 4,250 | 618 | ↑190 | |||
Guangzhou | Liuzhou Steel | 4,350 | 632 | 0 | |||
Average | - | 4,200 | 610 | ↑97 | |||
Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 4,350 | 632 | ↑100 |
Guangzhou | Liuzhou Steel | 4,890 | 711 | 0 | |||
Average | - | 4,620 | 672 | ↑50 | |||
20 mm | 16MnR | Shangai | Xinyu Steel | 4,100 | 596 | ↑100 | |
Beijing | Jinan Steel | 4,360 | 634 | ↑200 | |||
Guangzhou | Liuzhou Steel | 4,400 | 640 | 0 | |||
Average | - | 4,287 | 623 | ↑100 |
Shipbuilding plate prices in local Chinese market
Product Name | Spec. | City | Quality | Place of Origin | Price (RMB/mt) | Price ($/mt) | Weekly change (RMB/mt) |
Shipbuilding Plate | 8 mm | Shanghai | CCSA/B | Xinyu Steel | 4,160 | 605 | 0 |
Jinan | CCSA/B | Jinan Steel | 4,190 | 609 | ↑330 | ||
Guangzhou | CCSA/B | Shaoguan Steel | 4,020 | 584 | ↑20 | ||
Average | - | - | 4,123 | 599 | ↑117 | ||
20 mm | Shanghai | CCSA/B | Xinyu Steel | 3,880 | 564 | 0 | |
Jinan | CCSA/B | Jinan Steel | 3,970 | 577 | ↑330 | ||
Guangzhou | CCSA/B | Shaoguan Steel | 4,020 | 584 | ↑20 | ||
Average | - | - | 3,957 | 575 | ↑117 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.88