Stable movement in local Chinese steel plate market

Monday, 19 October 2015 16:30:51 (GMT+3)   |   Shanghai
       

During the week ending October 19, steel plate prices in the Chinese domestic market have moved on a stable 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, there have been fewer arrivals of new plate volumes in the market. Meanwhile, demand has remained on the sluggish side, which weakens the support for steel plate prices. It is expected that steel plate prices in the Chinese domestic market will continue their stable trend or indicate a slight 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 2,230 351 ↓10
Tianjin Tiangang Steel 2,220 349 0
Lecong Shaoguan Steel 2,380 374 ↑10
Average price - 2,277 358 0
20 mm common carbon medium plate Q235 Shangai Magang 1,970 310 ↓10
Tianjin Tiangang Steel 1,920 302 0
Lecong Shaoguan Steel 2,040 321 ↑10
Average price - 1,977 311 0
30 mm common carbon medium plate Q235 Shanghai Magang 2,040 321 ↓10
Tianjin Tiangang Steel 1,940 305 0
Average price - 1,990 313 ↓5
20 mm low alloy medium plate Q345 Shanghai Magang 2,170 341 0
Tianjin Tiangang Steel 2,120 333 0
Average price - 2,145 337 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 2,350 369 0
Beijing Anyang 2,350 369 0
Guangzhou Liuzhou Steel 2,800 440 0
Ortalama - 2,500 393 0
Container plate 8 mm 16MnR Shangai Xinyu Steel 2,850 448 0
Guangzhou Jinan Steel 3,340 525 0
Ortalama - 3,095 487 0
20 mm 16MnR Shangai Xinyu Steel 2,450 385 0
Beijing Jinan Steel 2,450 385 0
Guangzhou Liuzhou Steel 2,900 456 0
Ortalama - 2,600 409 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 2,570 404 0
Jinan CCSA/B Jinan Steel 2,240 352 0
Guangzhou CCSA/B Shaoguan 2,460 387 0
Average - - 2,423 381 0
20 mm Shanghai CCSA/B Xinyu Steel 2,290 360 0
Jinan CCSA/B Jinan Steel 2,070 325 0
Guangzhou CCSA/B Shaoguan 2,200 346 0
Average - - 2,187 344 0
 

17 percent VAT is included in all prices and all prices are ex-warehouse.
 
$1 = RMB 6.36


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