Steel price in the market on July 28, 2025

Threaded steel: On July 28th, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3421 yuan/ton, a decrease of 50 yuan/ton from the previous trading day. After the rise in steel prices last week, the profits of steel mills have significantly increased, and production enthusiasm has increased. Under the premise of gradually accumulating supply-demand contradictions, there is a risk of high-level decline.

Hot rolled coils: On July 28th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3480 yuan/ton, a decrease of 38 yuan/ton from the previous trading day. At present, the profits of steel mills are at a high level, resulting in a relatively strong production enthusiasm. There are few proactive maintenance and production reduction plans, and the production of hot coils remains at a high level. Under the traditional off-season, demand release is relatively limited, and with the weakening of the market, some markets sell at low prices to cash in profits.

Cold rolled coils: On July 28th, the average price of 1.0mm cold coils in 24 major cities across the country was 3960 yuan/ton, a decrease of 10 yuan/ton from the previous trading day. The spot prices in the market have followed the decline in futures prices, and most markets have entered a period of high temperatures and low demand. In the atmosphere of "buying up, not buying down", the daily average shipment volume in the market has significantly declined. Spot resources are in a saturated state, causing price internalization among traders and increasing bargaining space.

Medium thick plate: On July 28th, the average price of 20mm ordinary plate in 24 major cities across the country was 3548 yuan/ton, a decrease of 11 yuan/ton from the previous trading day. Due to the small overall market resource allocation in August and the strong resistance of the mid board to decline, the national spot price only fell by 0-20 yuan/ton, and the overall trading volume of the general board was slightly better than that of the low-alloy board throughout the day.