Steel market on Wednesday, May 27th, 2026

Data as of today's close | Source: Shanghai Futures Exchange Mysteel、 My steel net

1、 Threaded steel (main component of construction steel)

Futures RB2610:3144 yuan/ton, -23 yuan, -0.73%
Shanghai spot (20mm HRB400E): 3270 yuan/ton, -30 yuan
National mainstream: general decline of 10-40 yuan/ton, led by Shandong steel mills (Laigang Yongfeng, Shiheng Special Steel fell 70%)
Tangshan spot: 3160 yuan/ton, -20 yuan
2、 Hot coil (hot-rolled coil)

Futures HC2610:3361 yuan/ton, -17 yuan, -0.50%
Spot (4.75mm national average price): 3380 yuan/ton, -20 yuan
3、 Raw material end

Iron ore I2609:782.5 yuan/ton, -1.5 yuan, -0.19%
Coke J2609:1864.5 yuan/ton, -35.5 yuan, -1.77%
Coking coal JM2609:1269 yuan/ton, -19 yuan, -1.48%
4、 Steel billets and plates

Tangshan plain billet: 3020 yuan/ton, unchanged
Medium thick plate (20mm Q235B): 3440 yuan/ton, -20 yuan
5、 Inventory and brief review

Screw thread steel warehouse: 6.453 million tons, week on week -1.8%, slow inventory turnover
Trend: Both futures and cash are weakening simultaneously, with weak demand during the off-season and weakened cost support