Steel price in the market on August 18, 2025

Threaded steel: On August 18th, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3370 yuan/ton, a decrease of 14 yuan/ton from the previous trading day. In the short term, although there was little change in production last week, it is still at a high level for the year; Meanwhile, there has been a significant decline in consumption recently, and the fundamental contradiction between supply and demand continues to accumulate.

Hot rolled coils: On August 18th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3499 yuan/ton, an increase of 1 yuan/ton from the previous trading day. Tangshan has implemented production restrictions and adjustments in many areas, reducing some supply to a certain extent. However, the current inventory level in the factory is still acceptable, and the overall impact is not significant. In terms of demand, speculative demand has significantly declined due to market sentiment, coupled with the decline in investment and construction in the real estate market, which still hinders the demand for steel terminals.

Cold rolled coils: On August 18th, the average price of 1.0mm cold coils in 24 major cities across the country was 3991 yuan/ton, an increase of 1 yuan/ton from the previous trading day. The current capacity utilization rate of steel mills is basically maintained at 85%, and the supply remains relatively high, while the demand side continues to have a low season characteristic. According to market feedback, the current ordering costs for steel mills are high, and most believe that there is still some room for spot prices to rise in the long term. However, in the short term, downstream demand is weak, and expectations are in a tug of war with reality.

Medium thick plate: On August 18th, the average price of 20mm ordinary plate in 24 major cities across the country was 3569 yuan/ton, an increase of 3 yuan/ton from the previous trading day. In terms of supply, medium and thick plate steel enterprises have maintained a high and fluctuating capacity utilization rate driven by profits, but due to the priority of steel mills in selecting product materials, ordinary material resources are limited. In terms of demand, the weak demand trend during the off-season continues, with traders actively operating to release goods, speculative demand weakening, and transactions mainly focused on essential purchases.