Steel market price on April 25

Rebar: On April 25, the average price of 20mm three-level seismic rebar in 31 major cities across the country was 5,203 yuan/ton, an increase of 66 yuan/ton from the previous trading day. On the 25th, the price of billet continued to strengthen. In the morning, the price of construction steel continued to rise in most areas in the country, and the price in East China increased significantly. The environmental protection limit of steel mills in the northern region is still fermenting, and the supply-side contraction is expected to have a strong support for spot prices. It is expected that domestic construction steel prices may continue to rise in the short term. At the same time, considering the recent spot prices have risen too fast, high-priced resources require a certain amount Time digestion, the overall increase in construction steel prices is expected to narrow.

Hot-rolled coil: On April 25, the average price of 4.75mm hot-rolled coil in 24 major cities across the country was 5701 yuan/ton, an increase of 75 yuan/ton from the previous trading day. At present, even if the export tax rebate is cancelled, the domestic price is still lower than the overseas price. Compared with the resources of other exporting countries such as India and Thailand, the export competitiveness is only slightly lower, but the domestic impact has been reflected in advance. The situation of intensively rushing export orders is more obvious, and there is a significant discount to the domestic long-term association. Therefore, by the first ten days of June, there will be no significant increase in the resources of the northern steel mills in East China and South China. Market resources are tight, and merchants are reluctant to sell or even receive goods. The situation is obvious.

Cold rolled coil: On April 25, the average price of 1.0mm cold coil in 24 major cities across the country was 6088 yuan/ton, an increase of 64 yuan/ton from the previous trading day. According to feedback from cold-rolling merchants, driven by raw material hot-rolling prices, most areas have risen sharply, but the overall transaction is average, and the North-South spread has further narrowed; from the recent cold-rolling settlement of steel mills, merchants reported the overall settlement cost in order to increase profits Space, the market is willing to increase prices. On the whole, it is expected that there is still room for upward adjustment in some markets on the 26th.

Plate: On April 25, the average price of 20mm common plates in 24 major cities across the country was 5,652 yuan/ton, an increase of 57 yuan/ton from the previous trading day. It is also reported that on the 25th, the unit price of locks at steel mills was mainly increased, and the increase was as high as 50-180 yuan/ton. Considering the high cost, traders’ quotations were mainly increased. As the short holiday approaches, market demand has improved significantly, and the overall transaction situation is fair. On the whole, the price of plate is expected to rise mainly on the 26th.