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China's steel prices rebound after four-week decline
2025-04-03
Recently, the China Steel Price Index (CSPI) was 94.86 points, up 0.94 points from the previous week, an increase of 1%; down 0.93 points from the end of last month, a decrease of 0.97%; down 2.60 points from the end of last year, a decrease of 2.68%; down 10.41 points from the same period last year, a decrease of 9.89%.
By species
Compared with the end of last month, the prices of the eight major varieties have all declined, among which the largest decline was for rebar and the smallest decline was for galvanized steel coil and sheet.
The price of 6mm diameter high wire is 3423 yuan/ton, down 71 yuan/ton from the end of last month, a decrease of 2.03%;
The price of 16mm diameter rebar is 3236 yuan/ton, down 74 yuan/ton from the end of last month, a decrease of 2.24%;
The price of 5# angle steel is 3420 yuan/ton, down 52 yuan/ton from the end of last month, a decrease of 1.50%;
The price of 20mm medium and thick plate is 3457 yuan/ton, down 29 yuan/ton from the end of last month, a decrease of 0.83%;
3mm hot The price of rolled coil is 3465 yuan/ton, down 32 yuan/ton from the end of last month, a decrease of 0.92%;
The price of 1mm cold-rolled thin plate is 4155 yuan/ton, down 61 yuan/ton from the end of last month, a decrease of 1.45%;
The price of 1mm cold-rolled thin plate is 4155 yuan/ton, down 61 yuan/ton from the end of last month, a decrease of 1.45%;
The price of 1mm galvanized sheet is 4316 yuan/ton, down 34 yuan/ton from the end of last month, a decrease of 0.78%;
The price of hot-rolled seamless pipe with a diameter of 219mm×10mm is 4336 yuan/ton, down 48 yuan/ton from the end of last month, a decrease of 1.09%.
China's steel price index turned from falling to rising, which is a rebound after four consecutive weeks of decline, and the increase in long steel prices is greater than that in plate prices.
The main reason is that the weather has warmed up, construction sites have started one after another, and the demand for steel has increased.
With the arrival of the peak season in April, demand will continue to improve, and steel prices will continue to fluctuate in a narrow range in the short term.