During the week ending February 1, steel plate prices in the Chinese domestic market have indicated a stable trend, while transaction activity in the overall market is at low levels. Average steel plate prices in China are presented in the tables below.
During the given week, most downstream enterprises have left the market early ahead of the Chinese New Year holiday (February 8-14), resulting in quiet transaction activity. Before the holiday, there will not be much steel plate supply arriving in the market, leading to low inventory levels, which will provide some support for steel plate prices. It is thought that steel plate prices in the Chinese domestic market will continue their stable movement in the coming week.
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 2,210 | 336 | 0 |
| Tianjin | Tiangang Steel | 2,190 | 333 | 0 | ||
| Lecong | Shaoguan Steel | 2,490 | 378 | 0 | ||
| Average price | - | 2,297 | 349 | 0 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 2,000 | 304 | 0 |
| Tianjin | Tiangang Steel | 1,890 | 287 | 0 | ||
| Lecong | Shaoguan Steel | 2,170 | 330 | 0 | ||
| Average price | - | 2,02 | 307 | 0 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,020 | 307 | 0 |
| Tianjin | Tiangang Steel | 1,910 | 290 | 0 | ||
| Average price | - | 1,965 | 299 | 0 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,160 | 328 | 0 |
| Tianjin | Tiangang Steel | 2,090 | 318 | 0 | ||
| Average price | - | 2,125 | 323 | 0 |
Boiler and container plate prices in local Chinese market
| Product Name | Spec, | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 2,200 | 334 | 0 |
| Beijing | Anyang | 2,130 | 324 | 0 | |||
| Guangzhou | Liuzhou Steel | 2,550 | 388 | 0 | |||
| Ortalama | - | 2,293 | 349 | 0 | |||
| Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 2,700 | 410 | 0 |
| Guangzhou | Jinan Steel | 3,100 | 471 | 0 | |||
| Ortalama | - | 2,900 | 441 | 0 | |||
| 20 mm | 16MnR | Shangai | Xinyu Steel | 2,300 | 350 | 0 | |
| Beijing | Jinan Steel | 2,230 | 339 | 0 | |||
| Guangzhou | Liuzhou Steel | 2,650 | 403 | 0 | |||
| Ortalama | - | 2,393 | 364 | 0 |
Shipbuilding plate prices in Chinese local 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 | 2,340 | 356 | 0 |
| Jinan | CCSA/B | Jinan Steel | 2,090 | 318 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,460 | 374 | 0 | ||
| Average | - | - | 2,297 | 349 | 0 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,080 | 316 | 0 | |
| Jinan | CCSA/B | Jinan Steel | 1,920 | 292 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,200 | 334 | 0 | ||
| Average | - | - | 2,067 | 314 | 0 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.58