Steel market on Thursday, May 28, 2026

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

1、 Threaded steel (main component of construction steel)

Futures RB2610:3152 yuan/ton,+8 yuan,+0.25%
Shanghai spot (20mm HRB400E): 3210 yuan/ton, unchanged
National mainstream: weak stability with slight fluctuations, some markets fluctuate by 10-20 yuan, and transactions are weak
Tangshan spot: 3150 yuan/ton, stable; The lowest delivery price in Anhui is 3110 yuan/ton
2、 Hot coil (hot-rolled coil)

Futures HC2610:3370 yuan/ton,+10 yuan,+0.30%
Spot (4.75mm national average price): 3375 yuan/ton, -5 yuan
3、 Raw material end

Iron ore I2609:781.5 yuan/ton,+0.5 yuan,+0.06%
Coke J2609:1870 yuan/ton,+5 yuan,+0.27%
Coking coal JM2609:1275 yuan/ton,+6 yuan,+0.47%
4、 Steel billets and plates

Tangshan plain billet: 3070-3080 yuan/ton (tax included), direct shipping is generally available
Medium thick plate (20mm Q235B): 3430 yuan/ton, -10 yuan
5、 Inventory and brief review

Screw thread steel warehouse: 4.8467 million tons, week on week -1.07%, with 11 consecutive weeks of inventory reduction
Trend: The market is currently experiencing a narrow range of fluctuations, with weak demand during the off-season and slight cost support. The focus is on observation and wait-and-see