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China June 28 Steel Prices on the Latest Market Trends

June 28, 2023

China June 28 Steel Prices On The Latest Market Trends


【Construction Steel】 On the 27th, the market prices of construction steel generally increased. The average price of rebar in major cities was ¥ 3,819 per ton, which rose by ¥3 per ton compared to the previous trading day.


【Hot Rolled】On the 27th, the spot prices of hot-rolled steel significantly increased. The average price in major cities nationwide was ¥ 3,859 per ton, which rose by ¥ 19 per ton compared to the 26th, and decreased by 37 yuan per ton compared to the same period last week.


【Cold Rolled】On the 27th, the average price of cold-rolled steel sheets in major cities across the country was ¥ 4,597 per ton. This represents an increase of ¥ 4 per ton compared to the previous working day and a decrease of 9 yuan per ton compared to the same period last week.


【Seamless Tube】On the 27th, the mainstream selling price of seamless pipes in the market remained stable with light trading activity. The average selling price of 108*4.5 seamless pipes in 33 cities was ¥4,857 per ton, which remained largely unchanged compared to the previous trading day and increased by ¥ 9 per ton compared to the same period last week.


【Stainless Steel】On the 27th, the mainstream selling price of seamless pipes in the market remained stable with light trading activity. The average selling price of 108*4.5 seamless pipes in 33 cities was ¥ 4,857 per ton, which remained largely unchanged compared to the previous trading day and increased by ¥9 per ton compared to the same period last week.


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