In 2017, the sharp increase in china of steel plate prices surge in exports by small exports

In 2017, china steel market ushered in a new round of feast. Despite the wave of plunge in the market after the Spring Festival until late April, unilateral inflation was launched afterwards. The prices of all varieties surpassed one thousand yuan and the plate market was no exception. Mainstream carbon plate resources price center of feeling soar to 4300 yuan near the lowest in April rose nearly 1100-1400 yuan. In 2017, the output growth of the domestic plate market slowed down. The supply-side reform generally suppressed the supply performance of the plate. The export market hit a four-year low. Although the total inventory base dropped sharply in the first quarter, the overall level remained above 2016 average; the weakening of the North-South spread advantage and the narrowing of the sales channel have become the main phenomena of the market development in the recent two years. However, the demand for shipbuilding and construction machinery in the downstream of plate industry is better. In the first 11 months, The orders for new ships kept growing. In November, the orders for new ships in China were the largest in the world. The overall performance of construction machinery was also relatively good, which made the overall demand side of plate respond well and supported the price rise.