Steel Price in the Market on July 7, 2026

Threaded steel: On July 6th, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3285 yuan/ton, an increase of 5 yuan/ton from the previous trading day. Specifically, in the early trading session, the snail rebounded at a low level, and spot prices in most domestic cities continued to strengthen. In the southern region, prices remained stable due to the continuous rainy weather, and the market trend was somewhat differentiated.

Hot rolled coils: On July 6th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3321 yuan/ton, an increase of 6 yuan/ton from the previous trading day. In terms of supply, due to the recent increase in raw material prices, some steel mills have maintained their hot coil profits at the profit and loss margin, but some manufacturers have maintained high production levels due to good orders for different varieties. From the perspective of raw materials, the recent continuous increase in coking coal and coke prices provides favorable support for the overall performance of finished products.

Cold rolled coils: On July 6th, the average price of 1.0mm cold coils in 24 major cities across the country was 3809 yuan/ton, which remained stable compared to the previous trading day. Weak market demand constrains price increases. According to feedback from traders, the market inquiry and pricing situation is average, and the shipment situation is not good. The off-season characteristics of market demand are obvious, intermediaries lack enthusiasm for cross selling, the market transaction atmosphere is not active, and prices overall show a trend of rising and falling.

Medium thick plate: On July 6th, the average price of 20mm ordinary plate in 24 major cities across the country was 3500 yuan/ton, an increase of 1 yuan/ton from the previous trading day. Spot prices have remained stable with a slight increase, and the market trading atmosphere is average, with a slight improvement in transactions. Last week, there was a new maintenance of the medium plate production line in East China, and the overall supply side of medium and thick plates showed a trend of high and slight decline. In terms of demand, there is currently structural differentiation, and the demand for high-end panels such as ship plates, container plates, and wind turbines is still resilient. Traditional downstream sectors such as construction machinery and infrastructure steel structures continue to weaken.