Steel market on Friday, May 22, 2026

Data as of 14:48 today | Source: Last issue Mysteel、 MySteel

1、 Threaded steel (main component of construction steel)

Futures RB2610:3171 yuan/ton, -18 yuan, -0.57%

Shanghai spot (20mm HRB400E): 3220 yuan/ton, unchanged

National mainstream average price: 3435 yuan/ton, -5 yuan, light transaction volume, regional differentiation

Steel mill guidance price: China Singapore Steel HRB400E 3260 yuan/ton

2、 Hot coil (hot-rolled coil)

Futures HC2610:3386 yuan/ton, -30 yuan, -0.88%

Spot (4.75mm national average price): 3410 yuan/ton, -10 yuan

Board guidance: 3680 yuan/ton for regular board, 3750 yuan/ton for low-alloy board (stable)

3、 Raw material end

Iron ore I2609:794.5 yuan/ton,+1.5 yuan,+0.19%

Coke J2609:1750 yuan/ton, -2 yuan, -0.11% (in the fourth round of price increase+50/55 game)

Coking coal JM2609:1170 yuan/ton, -36 yuan, -3.07%

4、 Steel billets and plates

Tangshan plain billet: 3090-3100 yuan/ton (tax included), direct shipping is generally available

Medium thick plate (20mm Q235B): 3430 yuan/ton, -12 yuan

5、 Inventory and brief review

Rebar warehouse: 6.5747 million tons, week on week -5.66%; Factory inventory * *+78200 tons * *, inventory turning point revealed

Trend: Current volatility is weak, off-season demand is weak, and cost support is limited