Steel Price in the Market on September 14, 2026

Threaded steel: On September 14th, the average price of 20mm Grade III seismic resistant threaded steel in 31 major cities across the country was 3315 yuan/ton, a decrease of 13 yuan/ton from the previous trading day. In the short term, the demand during the peak season of Golden September has not fulfilled expectations, and the current situation of tight terminal funds has not improved significantly. Coupled with the strong willingness to profit from current resources, the market is under overall pressure. However, some steel mills have increased production shutdowns and maintenance, and the supply side continues to shrink. At the same time, cost support still exists.

Hot rolled coils: On September 14th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3330 yuan/ton, a decrease of 14 yuan/ton from the previous trading day. There are signs of losses in some steel mills' profits, and their willingness to purchase raw materials and fuels has decreased. Futures prices of iron ore, coke, coking coal, and other commodities have been falling for several consecutive days, and market expectations are weak.

Cold rolled coils: On September 14th, the average price of 1.0mm cold coils in 24 major cities across the country was 3805 yuan/ton, a decrease of 8 yuan/ton from the previous trading day. According to market feedback from various regions, the purchasing strategies of major terminal enterprises are currently cautious, generally picking up goods in small batches according to demand, and there is currently no large-scale centralized stocking action.

Medium thick plate: On September 14th, the average price of 20mm ordinary plate in 24 major cities across the country was 3566 yuan/ton, a decrease of 6 yuan/ton from the previous trading day. Black futures prices have fallen across the board, causing a lack of market confidence and leading to a decline in prices and shipments. There are fewer inquiry customers and greater bargaining space, with almost no large-scale trading orders, making traders more passive. In terms of fundamentals, the current production has remained stable at 1.69 million tons for five consecutive weeks, with no incremental pressure on the supply side; The social inventory has decreased to 1.1793 million tons, and the trend of destocking has been confirmed; The weekly consumption has slightly rebounded compared to the previous week, but still fluctuates within the range of 170-173. The cost side is intertwined with long and short positions, and the overall cost of steel mills has increased.