During the week ending February 29, steel plate prices in the Chinese domestic market have continued its rising trend for common carbon and low alloy medium plate, while transaction activity in the overall market has remained at low levels. Average steel plate prices in China are presented in the tables below.
During the given week, steel plate prices in the Chinese domestic market have continued their upward trend amid the rising trend seen in semi-finished steel prices at the beginning of the week and due to the finished steel prices indicating an upward movement.
Meanwhile, production capacity of steelmakers has increased, exerting a negative impact on steel plate market. It is expected that steel plate prices in the Chinese domestic market will likely edge down in the coming week.
| Product Name | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| 8 mm common carbon medium plate | Q235 | Shanghai | Xinyu Steel | 2,380 | 363 | ↑80 |
| Tianjin | Tiangang Steel | 2,350 | 359 | ↓50 | ||
| Lecong | Shaoguan Steel | 2,540 | 388 | ↑40 | ||
| Average price | - | 2,423 | 370 | ↑23 | ||
| 20 mm common carbon medium plate | Q235 | Shangai | Magang | 2,200 | 336 | ↑100 |
| Tianjin | Tiangang Steel | 2,050 | 313 | ↓50 | ||
| Lecong | Shaoguan Steel | 2,250 | 344 | ↑40 | ||
| Average price | - | 2,167 | 331 | ↑30 | ||
| 30 mm common carbon medium plate | Q235 | Shanghai | Magang | 2,250 | 344 | ↑120 |
| Tianjin | Tiangang Steel | 2,070 | 316 | ↓50 | ||
| Average price | - | 2,160 | 330 | ↑35 | ||
| 20 mm low alloy medium plate | Q345 | Shanghai | Magang | 2,380 | 363 | ↑90 |
| Tianjin | Tiangang Steel | 2,250 | 344 | ↓50 | ||
| Average price | - | 2,315 | 353 | ↑20 |
Boiler and container plate prices in local Chinese market
| Product Name | Spec, | Category | City | Steel Plant/Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Boiler plate | 20 mm | 20G | Shangai | Xinyu Steel | 2,300 | 351 | 0 |
| Beijing | Anyang | 2,360 | 360 | 0 | |||
| Guangzhou | Liuzhou Steel | 2,550 | 389 | 0 | |||
| Ortalama | - | 2,404 | 367 | 0 | |||
| Container plate | 8 mm | 16MnR | Shangai | Xinyu Steel | 2,800 | 427 | 0 |
| Guangzhou | Jinan Steel | 3,100 | 473 | 0 | |||
| Ortalama | - | 2,950 | 450 | 0 | |||
| 20 mm | 16MnR | Shangai | Xinyu Steel | 2,400 | 366 | 0 | |
| Beijing | Jinan Steel | 2,460 | 376 | 0 | |||
| Guangzhou | Liuzhou Steel | 2,650 | 405 | 0 | |||
| Ortalama | - | 2,504 | 382 | 0 |
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 | 2,340 | 357 | 0 |
| Jinan | CCSA/B | Jinan Steel | 2,260 | 345 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,460 | 376 | 0 | ||
| Average | - | - | 2,364 | 361 | 0 | ||
| 20 mm | Shanghai | CCSA/B | Xinyu Steel | 2,080 | 318 | 0 | |
| Jinan | CCSA/B | Jinan Steel | 2,090 | 319 | 0 | ||
| Guangzhou | CCSA/B | Shaoguan | 2,280 | 348 | 0 | ||
| Average | - | - | 2,150 | 328 | 0 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.55