Quiet transaction activity in Chinese domestic steel plate market

Monday, 01 February 2016 17:28:53 (GMT+3)   |   Shanghai
       

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


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