Steel market on Monday, May 18, 2026 (official data)

Data sources: Shanghai Futures Exchange, Mysteel, National Bureau of Statistics (closing of the day)
1、 Threaded steel (main component of construction steel)
Futures main force (RB2610): 3206 yuan/ton, -43 yuan, -1.32%
Shanghai spot (20mm HRB400E): 3270 yuan/ton
National mainstream average price: 3440 yuan/ton, compared to the previous day -8 yuan
Market situation: Futures and spot prices are weakening simultaneously, with light trading and mainly discounted shipments
2、 Hot coil (hot-rolled coil)
Futures main force (HC2610): 3429 yuan/ton, -36 yuan, -1.04%
Spot (4.75mm, national average price): 3463 yuan/ton, -13 yuan
Trend: The board follows the weak trend of building materials, and downstream procurement is cautious
3、 Raw material end (iron ore, coke, coking coal)
Iron ore (I2609): 803 yuan/ton, -9 yuan, -1.11%
Coke (J2609): 1803.5 yuan/ton, -13.5 yuan, -0.74%
Coking coal (JM2609): 1234 yuan/ton,+1.5 yuan,+0.12%
Coke News: Coke Enterprises Propose Fourth Round of Price Increase (+50/55 yuan), to be Implemented from May 20th, Steel mills have not responded yet
4、 Steel billets and medium thick plates
Tangshan plain billet: 3060 yuan/ton, -30 yuan
Medium thick plate (20mm Q235B, national average price): 3596 yuan/ton, -8 yuan
5、 Official production and inventory (National Bureau of Statistics/Mysteel)
Crude steel production from January to April: 331.12 million tons, year-on-year -4.1%
Steel production from January to April: 471.94 million tons, year-on-year -1.3%
Rebar inventory (nationwide): 6.8594 million tons, week on week -5.66%