Steel price in the market on May 26, 2025

Threaded steel: On May 26th, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3261 yuan/ton, a decrease of 27 yuan/ton from the previous trading day. In the short term, entering the off-season of consumption, market sentiment is relatively low, and at the same time, a new round of heavy rainfall is coming from the south, resulting in insufficient overall demand resilience.

Hot rolled coils: On May 26th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3300 yuan/ton, a decrease of 24 yuan/ton from the previous trading day. Under the background of off-season, the demand for hot rolls continues to weaken, and the overall market is facing a situation of weak supply and demand, with the focus of futures prices continuing to shift downwards. In terms of demand, the recovery of real estate sales still lacks sustainability, and investment and new construction continue to decline significantly, both of which still have a significant drag on domestic hot coil demand.

Cold rolled coils: On May 26th, the average price of 1.0mm cold coils in 24 major cities across the country was 3805 yuan/ton, a decrease of 24 yuan/ton from the previous trading day. According to feedback from Southwest traders, there were relatively few inquiries and price inquiries on the 26th, and the enthusiasm for terminal procurement is still not high. The actual transaction situation is average, and traders still focus on shipping, with transactions mostly concentrated in low-priced resources.

Medium thick plate: On May 26th, the average price of 20mm ordinary plate in 24 major cities across the country was 3541 yuan/ton, a decrease of 18 yuan/ton from the previous trading day. Recently, there has been a sluggish transaction volume, poor shipment volume, and a pessimistic attitude among traders. At present, the stock orders of the medium plate factory still exist, and the market delivery is average. As the off-season approaches, the market demand is not as good as before, and the driving force for price increases is not there.