Steel Price in the Market on April 27, 2026

Threaded steel: On April 27th, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3398 yuan/ton, an increase of 6 yuan/ton from the previous trading day. The May Day holiday is approaching, and there is a surge in inventory before the holiday, resulting in overall high demand.

Hot rolled coils: On April 27th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3398 yuan/ton, an increase of 11 yuan/ton from the previous trading day. From a macro perspective, in terms of supply, due to the current high profit level of hot coils, the overall supply remains at a high level, coupled with the support of raw material costs, the downward space is limited. In terms of demand, the overall market demand has further increased, downstream industries have performed relatively strongly, and the overall market resource digestion is gradually improving.

Cold rolled coils: On April 27th, the average price of 1.0mm cold coils in 24 major cities across the country was 3845 yuan/ton, an increase of 5 yuan/ton from the previous trading day. According to feedback from traders in the East China region, steel mills have recently increased their order prices due to rising costs and some steel mills shutting down for maintenance. However, there has been no significant fluctuation in terminal demand, and the market trading atmosphere is average. To promote shipments, most traders did not follow the trend and their actual quotes remained stable, with average trading performance throughout the day. In terms of mentality, currently there is sufficient supply of market resources, and market demand is still lukewarm. Traders are more inclined to sell and monetize, and generally adopt a cautious and wait-and-see attitude towards the future market.

Medium thick plate: On April 27th, the average price of 20mm ordinary plate in 24 major cities across the country was 3481 yuan/ton, an increase of 11 yuan/ton from the previous trading day. At present, steel mills have less production of circulating materials and are more willing to accept single variety boards and lock price resources. With the recent red trend in the market, terminal purchases in various regions have been better than before, shipments have been better, and market inventory has further decreased. As the May Day holiday approaches, this week's procurement is bound to reach a small peak, and most traders are bullish this week.