Steel price in the market on July 14, 2025

Threaded steel: On July 14th, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3291 yuan/ton, a decrease of 4 yuan/ton from the previous trading day. Although the recent high temperatures have continued, the actual demand for terminals is still suppressed by seasonal factors. However, driven by emotions and policy expectations, spot prices may continue to maintain a temporary high, and the negative feedback rhythm of production reduction caused by weakened demand during the off-season is expected to be delayed.

Hot rolled coils: On July 14th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3307 yuan/ton, a decrease of 2 yuan/ton from the previous trading day. Although it is in the traditional off-season, the slowdown in steel demand is slower than expected, and the profit margin of steel mills is recovering. On a macro level, recent policies such as "anti internal competition" and "promoting the transformation and upgrading of traditional industries" have triggered positive feedback and repair in the industry, with an overall strong sentiment.

Cold rolled coils: On July 14th, the average price of 1.0mm cold coils in 24 major cities across the country was 3752 yuan/ton, an increase of 7 yuan/ton from the previous trading day. The spot market prices fluctuate, and the intraday trading situation is average. The current market has a strong wait-and-see sentiment, and the sales pressure during the off-season is gradually increasing. Actual transactions have not increased due to the expansion of bargaining space among merchants. In the absence of significant reduction in supply, the inventory turnover rate is slow.

Medium thick plate: On July 14th, the average price of 20mm ordinary plate in 24 major cities across the country was 3434 yuan/ton, an increase of 1 yuan/ton from the previous trading day. From the perspective of East China, mainstream steel mills are shipping normally, and low-alloy resources from Jiangyin Dadonghai are gradually arriving. The pressure on traders to ship manganese plates has increased, and the price difference of ordinary manganese has narrowed to less than 100 yuan. In the later stage, if northern steel mills are dedicated, even if there is an arrival, ordinary plates may still account for a relatively large proportion.