Steel closing market on Friday, July 3, 2026

Data deadline: 15:00 full day closing | Authoritative sources: Shanghai Futures Exchange, Mysteel, My Steel Network

1、 Black futures main market (unit: yuan/ton)

Threaded steel RB2610:3062, -12, fell by -0.39%, with a low level oscillation and weakening throughout the day, and the market continued to discount spot prices
Hot rolled coil HC2610:3279, -10, drop -0.30%, synchronously descending with the thread
Iron ore I2609:734.0, -13, decreased by -1.74%, with the largest decline in the entire sector. High port inventories continue to suppress ore prices
Coke J2609:1964,+37, up 1.91%, strengthening against the trend, forming support on the cost side
Coking coal JM2609:1287,+19, increased by 1.49%, with double coke rising due to safety supervision disturbance in the production area
2、 Mainstream spot price including tax

Shanghai 20mm HRB400E rebar: 3180 yuan/ton, reduced by 20 yuan, traders offer discounts to clear inventory, and the current price difference is expanding
Tangshan thread spot: 3140 yuan/ton, reduced by 10 yuan, terminal construction site procurement continues to be sluggish
Shanghai 4.75mm hot coil spot: 3330 yuan/ton, reduced by 15 yuan, manufacturing orders are generally average
Tangshan Qian'an Pu square billet factory: 2950 yuan/ton, unchanged; Warehouse tax inclusive outbound at 3010 yuan/ton, with weak direct delivery transactions
Zhongtian and Yonggang thread warehouses in the Jiangsu and Zhejiang markets have raised prices by 3060-3140 yuan/ton, with regional prices slightly loosening
3、 Inventory and supply and demand data

The weekly production of rebar was 2.1652 million tons, with a slight increase compared to the previous period; The social inventory is 4.9683 million tons, with a cumulative inventory of 96900 tons compared to the previous period. The inventory pressure during the off-season continues to accumulate
The daily average transaction volume of building materials in China is only about 90000 tons, and the terminal demand remains low. The willingness to speculate and replenish inventory is weak