Steel Price in the Market on December 22, 2025

Threaded steel: On December 22nd, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3328 yuan/ton, an increase of 3 yuan/ton from the previous trading day. Despite the double increase in supply and demand in the steel market last week, it is still weak compared to the same period last year. Benefiting from the positive macroeconomic expectations both domestically and internationally, as well as low inventory support, there is a certain rebound momentum in short-term spot prices.

Hot rolled coils: On December 22, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3296 yuan/ton, unchanged from the previous trading day. In terms of demand, during the traditional off-season of consumption, steel mills face significant pressure to take orders. On the supply side, steel companies have average production enthusiasm, and some steel mills have completed early production line maintenance and resumed normal production.

Cold rolled coils: On December 22, the average price of 1.0mm cold coils in 24 major cities across the country was 3878 yuan/ton, a decrease of 1 yuan/ton from the previous trading day. The market trading atmosphere is average, speculative demand remains cautious, and terminals are basically purchasing on demand. Fundamentally speaking, the supply side still maintains a relatively high level. Although inventory continues to decline, the absolute value of inventory is higher than the same period last year. Demand is gradually weakening, and the supply-demand contradiction is not decreasing.

Medium thick plate: On December 22, the average price of 20mm ordinary plate in 24 major cities across the country was 3395 yuan/ton, an increase of 1 yuan/ton from the previous trading day. As the end of the year approaches, the release of downstream demand is not satisfactory, and the trading atmosphere in the spot market is not as expected. The market is more volatile, with more bargaining resources and frequent occurrences of short selling. In terms of steel mills, the resumption of production by Ansteel and Anyang Iron and Steel last week increased the production of medium and thick plates in the national market, resulting in an increase in operating rates and a slight increase in social inventory. However, from a regional perspective, some steel mills in East China may experience a slowdown in delivery due to maintenance, and the pressure on traders is average.