Steel price in the market on June 30, 2025

Threaded steel: On June 30th, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3211 yuan/ton, an increase of 13 yuan/ton from the previous trading day. Traditional consumption off-season, high temperature weather strikes, actual consumption of rebar is limited, coupled with weak speculative demand, overall market transactions are sluggish, and there is a risk of intensified supply and demand fundamentals trade, with sustained or insufficient price increases.

Hot rolled coils: On June 30th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3231 yuan/ton, an increase of 4 yuan/ton from the previous trading day. From a demand perspective, with steel prices stabilizing, terminal demand is expected to rebound in the short term. However, there has been no substantial change in the supply and demand structure during the off-season, and a series of real estate data are still bottoming out.

Cold rolled coils: On June 30th, the average price of 1.0mm cold coils in 24 major cities across the country was 3692 yuan/ton, a decrease of 1 yuan/ton from the previous trading day. According to feedback from traders, there is a strong wait-and-see sentiment in the current market, and the sales pressure during the off-season is gradually increasing, resulting in no improvement in actual transactions. The inventory turnover rate is slow without significant reduction on the supply side.

Medium thick plate: On June 30th, the average price of 20mm ordinary plate in 24 major cities across the country was 3417 yuan/ton, a decrease of 1 yuan/ton from the previous trading day. The procurement pace of downstream manufacturing industry is stable, and there has been no centralized replenishment, resulting in a strong wait-and-see sentiment in the market. Most merchants maintain stable quotes, cautiously observe futures trends and steel mill policies, and focus on shipping in the short term to avoid inventory accumulation.