Steel price in the market on April 14, 2025

Threaded steel: On April 14th, the average price of threaded steel in major cities across the country was 3300 yuan/ton, an increase of 3 yuan/ton from the previous trading day. At the beginning of the morning session, the futures market opened with a low-level fluctuation. In the morning, the overall domestic spot market price remained stable, and in the afternoon, the futures market price rebounded from a low level. Some demand and speculative purchasing sentiment rebounded, and low-priced resources explored the rise, resulting in improved trading.

Hot rolled coils: On April 14th, the average price of 4.75mm hot rolled coils in 24 major cities across the country was 3348 yuan/ton, an increase of 11 yuan/ton from the previous trading day. The demand in April is in the recovery stage, and the data on the availability of manufacturing funds continues to improve. On the supply side, even though the steel price center has shifted downward recently and the profitability of steel mills has fallen, the overall operating rate has still slightly increased.

Cold rolled coils: On April 14th, the average price of 1.0mm cold coils in 24 major cities across the country was 4053 yuan/ton, a decrease of 2 yuan/ton from the previous trading day. The spot prices are mainly stable, and the market trading atmosphere is average. The enthusiasm for terminal procurement is not high, and the actual transaction situation is average. Traders still focus on shipping, and transactions are mostly concentrated in low-priced resources. The market mentality is still cautious.

Medium thick plate: On April 14th, the average price of 20mm ordinary plate in 24 major cities across the country was 3540 yuan/ton, unchanged from the previous trading day. The spot prices are mainly stable, and traders are cautious. The trading atmosphere in the market throughout the day is still acceptable. At present, the delivery speed of steel mills in the market is relatively slow, which to some extent supports the price of medium plate.