Steel price in the market on August 11, 2025

Threaded steel: On August 11th, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3408 yuan/ton, an increase of 14 yuan/ton from the previous trading day. At present, the overall performance of steel mills' profits is still acceptable. The steel mills that have undergone early maintenance will continue to resume production, and there is an expectation of a rebound in output. However, at the same time, the impact of limited production in Hebei may offset some of the incremental growth.

Hot rolled coils: On August 11th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3500 yuan/ton, an increase of 20 yuan/ton from the previous trading day. The news of production restrictions in Tangshan over the weekend landed, coupled with the continued upward trend of double coke futures prices, and the rebound of hot coil futures prices by more than 1%. In terms of supply, there are still steel mills resuming production in some regions with high profits, facing the situation of steel inventory accumulation and increased scrap steel recycling costs.

Cold rolled coils: On August 11th, the average price of 1.0mm cold coils in 24 major cities across the country was 3972 yuan/ton, an increase of 11 yuan/ton from the previous trading day. According to feedback from some traders in the southwest, the current price increase is mainly due to the impact of rising futures prices, coupled with Baosteel's September cold-rolled futures sales price increasing by 300 yuan/ton, which has driven market sentiment. However, the high temperature weather continues, and host factories are taking turns to take high-temperature holidays, resulting in average daily market trading performance.

Medium thick plate: On August 11th, the average price of 20mm ordinary plate in 24 major cities across the country was 3556 yuan/ton, an increase of 8 yuan/ton from the previous trading day. Affected by Baosteel's price adjustment, the market sentiment is relatively positive. In terms of resources, the current production schedule of general plate resources in the medium plate factory is relatively low, with priority given to the shipment of high value-added varieties of steel and fixed rolling resources. The market circulation of materials is frequently discounted, and the market inventory is relatively low. From the perspective of the East China region, regular board shipments were better throughout the day, with some specifications already sold out. Low alloy shipments were average, but better than last Friday.