Steel market on May 29, 2026 (Friday)

Data as of 15:00 | Source: Previous Institute Mysteel、 My steel net

1、 Threaded steel (main force)

Futures RB2610:3157 yuan/ton,+6 yuan,+0.19%
Shanghai spot (20mm HRB400E): 3220 yuan/ton, unchanged
National average price (20mm Grade III seismic resistance): 3421 yuan/ton, -1 yuan
Tangshan spot: 3230 yuan/ton, stable
2、 Hot coil (hot-rolled coil)

Futures HC2610:3378 yuan/ton,+11 yuan,+0.33%
Spot (4.75mm national average price): 3422 yuan/ton,+1 yuan
3、 Raw material end

Iron ore I2609:780 yuan/ton, -1.5 yuan
Coke J2609:1875 yuan/ton,+5 yuan
Coking coal JM2609:1280 yuan/ton,+5 yuan
4、 Steel billets and plates

Tangshan plain billet: 3080 yuan/ton (including tax), stable
Medium thick plate (20mm Q235B): 3480 yuan/ton, stable
5、 Brief Review

The current period is characterized by a narrow range of strong fluctuations and average transactions; At the end of the month, funds are tight and demand is low season, with limited room for fluctuations.
Inventory: The total inventory is 15.4444 million tons, with a week on week decrease of -12.47 million tons, and the destocking continues.