Steel price in the market on September 22, 2025

Threaded steel: On September 22, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3323 yuan/ton, an increase of 24 yuan/ton from the previous trading day. Recently, the production of steel mills has decreased, demand has improved, and the fundamentals of supply and demand have improved. With the improvement of demand, the marginal improvement of steel fundamentals and the replenishment of raw material demand will support the price of black series.

Hot rolled coils: On September 22, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3456 yuan/ton, an increase of 12 yuan/ton from the previous trading day. From a fundamental perspective, the current profitability level of hot-rolled steel mills is still relatively good, and the willingness to actively reduce production or undergo maintenance is not strong. In the short term, the market supply will maintain a loose pattern. In terms of inventory, it is still in a continuous accumulation channel, and the demand release characteristics that traditional peak seasons should have have have not yet emerged, resulting in overall weak demand.

Cold rolled coils: On September 22, the average price of 1.0mm cold coils in 24 major cities across the country was 3973 yuan/ton, an increase of 8 yuan/ton from the previous trading day. According to feedback from Southwest traders, there has been an increase in inquiry customers on the 22nd, but market demand is still waiting for further recovery. The actual transaction performance is relatively average, and currently the main focus is on shipments. In terms of mentality, the current demand is showing an unstable state, and most short-term businesses adopt a rational wait-and-see attitude towards the future market trend.

Medium thick plate: On September 22, the average price of 20mm ordinary plate in 24 major cities across the country was 3544 yuan/ton, an increase of 2 yuan/ton from the previous trading day. Downstream demand has not shown significant improvement yet, and procurement is not very active. National Day is approaching, and terminals are preparing to replenish inventory after the holiday. Demand will slightly increase in the coming days.