Wholesale Cold Rolled Steel Coil/Sheet (SPCC Cold Rolled Coil)
Average Price: 4600 RMB/ton
Price Change: Up approximately 2% from the previous month
Main Influencing Factors:
Increased manufacturing demand, particularly in the automotive and electronics industries.
Environmental production restrictions leading to insufficient capacity release in some regions, resulting in tight supply.
Wholesale Hot Rolled Steel Coil/Sheet (SS400 Hot Rolled Coil)
Average Price: 4500 RMB/ton
Price Change: Up approximately 1.5% from the previous month
Main Influencing Factors:
Recovery in infrastructure investment leading to increased steel demand.
Rising raw material prices (e.g., iron ore) increasing production costs.
Increased export demand supporting prices.
Wholesale Galvanized Steel Coil/Sheet (SGCC Galvanized Coil)
Average Price: 5100 RMB/ton
Price Change: Up approximately 1.2% from the previous month
Main Influencing Factors:
Wholesale Stainless Steel Coil/Sheet (SUS304 Stainless Steel Coil)
Average Price: 14500 RMB/ton
Price Change: Up approximately 1.8% from the previous month
Main Influencing Factors:
Rising costs of stainless steel raw materials, particularly nickel and chromium.
Market demand recovery, especially in high-end manufacturing and construction applications.
Medium and Thick Plate (Q235B Medium and Thick Plate)
Average Price: 4200 RMB/ton
Price Change: Up approximately 1.3% from the previous month
Main Influencing Factors:
Gradual progress in infrastructure projects leading to increased steel demand.
Reduced steel inventory pressure, improving market supply-demand balance.
| Category | Specific Product | Average Price (RMB/ton) | Price Change (MoM) | Main Influencing Factors |
|---|
| Cold Rolled Coil | SPCC Cold Rolled Coil | 4600 | +2% | Increased manufacturing demand, environmental policies |
| Hot Rolled Coil | SS400 Hot Rolled Coil | 4500 | +1.5% | Infrastructure investment recovery, rising raw material prices, increased export demand |
| Galvanized Coil | SGCC Galvanized Coil | 5100 | +1.2% | Increased environmental pressure, increased export demand |
| Stainless Steel | SUS304 Stainless Steel Coil | 14500 | +1.8% | Rising raw material costs, market demand recovery |
| Medium and Thick Plate | Q235B Medium and Thick Plate | 4200 | +1.3% | Infrastructure project initiation, reduced steel inventory pressure |
Market Outlook
The price increase trend in June is expected to continue in the second half of the year, but the market faces uncertainties from the macroeconomic situation and policy adjustments, leading to potential price volatility. Companies are advised to closely monitor market dynamics and adjust their procurement and inventory strategies flexibly to cope with potential price fluctuations and supply risks.
