Steel Price in the Market on June 15, 2026

Rebar: On June 15, the average price of 20mm Grade III earthquake-resistant rebar in 31 major cities across China was 3,393 yuan per ton, up 2 yuan per ton from the previous trading day. The current market fundamentals of supply and demand remain weak on both sides, with short-term demand not showing a seasonally excessive decline. Additionally, the cost support from coking coal remains relatively strong, but the sustainability of steel spot price increases awaits further verification.

Hot-rolled coil: On June 15, the average price of 4.75mm hot-rolled coil in 24 major cities across the country was 3,405 yuan/ton, up 7 yuan/ton from the previous trading day. In terms of raw materials, the spot market prices for coking coal and coke remained firm, with cost support persisting. On the supply side, slightly better profit margins for hot-rolled coils led to relatively low overall maintenance among steel mills, with most still maintaining full production plans. Demand-wise, affected by seasonal factors, market resource digestion feedback was relatively average, with overall performance remaining low due to seasonal influences.

Cold-rolled coil: On June 15, the average price of 1.0mm cold-rolled coils in 24 major cities across the country was 3,856 yuan per ton, up 3 yuan per ton from the previous trading day. Due to limited market demand, suppliers reported sluggish sales, making it difficult to pass on price increases to spot prices, with overall transaction performance remaining average. According to feedback from some traders in Southwest China, inquiries on June 15 were moderate, but actual transactions were average. With weak terminal purchasing interest, traders accelerated shipments through slight covert price reductions.

Thick Plate: On June 15, the average price of 20mm common plates in 24 major cities across China was 3,562 yuan/ton, up 2 yuan/ton from the previous trading day. On the supply side, steel mills producing thick plates maintained stable operating rates, with utilization rates fluctuating slightly. Mills prioritized fulfilling high-value locked-price orders for shipbuilding, wind power, and pressure vessels, while the dispatch of common carbon plates remained sluggish. In the North China region, mainstream specifications were relatively tight, while shipments to East China increased and resources became more abundant. In terms of transactions, demand was primarily driven by necessity, with speculative activity stagnant. Daily shipments showed a slight month-on-month decline, clearly reflecting the characteristic of "prices exist but no market" during the off-season.